Binance announced its partnership with Paxos to launch USD-backed stablecoin, approved by the NYDFS
Source: https://cointelegraph.com/news/binance-joins-forces-with-paxos-to-launch-usd-backed-stablecoin-busd
Binance Joins Forces With Paxos to Launch USD-Backed Stablecoin ‘BUSD’
September 5, 2019
CoinTelegraph