Binance USD (USD) is a stable coin issued by the regulated Paxos platform with the support of the Binance cryptocurrency exchange. It is pegged to the US dollar and backed by real currency in bank accounts, which is confirmed by monthly checks. Binance USD is one of the few digital currencies approved by the NYDFS (New York State Financial Services Authority).

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Binance Pay Now Supported on Binance NFT
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Binance Pay Now Supported on Binance NFT.

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Many Web2 companies use the philosophy of "collect everything" & later sort out how best to use such data thereby collecting ton

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