BUSD, HUSD and PAX are all stablecoins backed 1:1 by USD and held in reserve by Paxos Trust Company. Today, many companies want their own native, regulated stablecoins for their operations and platforms. Paxos has a track record of developing trusted solutions. By partnering with Binance on BUSD and Stable Universal on HUSD, we’re making it easier for Binance and Huobi to introduce digital dollars that are developed for their own community.
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You may direct a complaint to the attention of the New York State Department of Financial Services at One State Street New York, NY 10004-1511 or 1-800-342-3736. Please visit www.dfs.ny.gov for information.