communitydeals How can you purchase BUSD or Binance-Peg BUSD? – All Are correct
What fiat currency is BUSD pegged to? – US Doller
BUSD is backed 1:1 with: – Cash Reserves
Who regulates BUSD? – NYDFS(New York Department of Financial Services)
What is the name of the BUSD- pegged token Binance offers on BNB Chain and other chains? – Binance-peg BUSD
Who mints BUSD? – Paxos
Which chain is BUSD minted on by Paxos? – Ethereum
Which of the following descriptions is incorrect? – BUSD doesn’t provide a monthly basis attestation report.
What can BUSD be used for? – All are correct
What is the total supply of BUSD? – Just over 22 billion
