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Binance USD (BUSD): A Case Study for Stablecoin Compliance and Security


Binance USD (BUSD) has become one of the fastest-growing cryptocurrencies in the world, with a variety of use cases and growing demand amid the continued growth of the crypto markets. A key component to BUSD’s success is its unwavering compliance to the world’s most stringent...

Paxos Standard Presents Assets Backing Its Stablecoins


Paxos, a regulated blockchain company, recently presented the basket of resources that back its stablecoins. Paxos Standard (PAX) and Binance USD (BUSD) are reportedly backed almost 100% by cash and cash equivalents. Dan Burstein, CCO of Paxos, harshly criticized Tether and Circle, issuers of other...

Binance USD Trades at $1.00 with Strong Support at $0.99


Binance USD—a stable coin issued by a massive ecosystem of Binance in collaboration with Paxos, which is centrally approved and modulated by the New York State Department of Financial Services. BUSD is a 1:1 USD-backed token of the global market and will, therefore, carry a price movement around...

Lumi Wallet Web Widget: Cryptocurrency Exchange on Your Website


Good news for those who want to upgrade their website with functional tools and features – on August 5st, Lumi Wallet Technologies launched its app web widget. Now everyone can easily embed a “mini digital wallet” into the body of their website. The Lumi Wallet Widget is a useful...

Buy Stablecoins With Your Credit Card in Lumi Wallet


Lumi Wallet announced that from June 2020, Tether USDT, Binance USD, Paxos Standard Token, Celsius and Dai are available to purchase in Lumi Wallet with a credit card. The highest grossing stablecoins on the crypto market are fully integrated for exchange and purchase in-wallet. Transactions under...

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