BUSD

We’re pleased to announce that BUSD is now available on <a href="https://nexo.io/" rel="noopener noreferrer nofollow">Nexo</a>. We believe that BUSD’s wide adoption and our commitment to high standards will benefit crypto traders. With BUSD’s emphasis on compliance, we can safeguard the trust of both users and regulators in stablecoins while opening opportunities for the private and public sectors to cooperate in establishing stablecoins as an important asset class in the global economy.About BUSDBUSD is a fiat-backed stablecoin pegged to the US dollar and issued by Paxos. BUSD is available for purchase and redemption at a rate of 1 BUSD to 1 USD. The stablecoin was launched in September 2019 in partnership with Binance and is now the third largest stablecoin. BUSD is an ERC-20 token issued on Ethereum. There are also BEP-20 and BEP-2 Binance-Peg tokens available with multiple use cases on BNB Chain and <a href="https://www.binance.com/en" rel="noopener noreferrer nofollow">Binance.com</a>.About NexoSince 2018, Nexo has strived to bring professional financial services to the world of digital assets. Leveraging the best of the team&#39;s years of experience in FinTech along with the power of blockchain technology, Nexo empowers millions of people to harness the value behind their crypto assets, shaping a new, better financial system. Nexo currently manages assets for over 5 million users across 200 jurisdictions.In addition, Nexo branched out further, announcing its premium prime brokerage suite built for institutional investors – Nexo Prime – and investment arm – Nexo Ventures which now has over 60 portfolio companies under its wing. In August 2022, the product lineup further expanded with Nexo Pro – an advanced trading platform which aggregates liquidity from 10&#43; liquidity providers.For more details, please refer to the announcement <a href="https://nexo.io/blog/busd-is-listed-on-nexo" rel="noopener noreferrer nofollow">here</a>.

BUSD Is Now Available on Nexo

BUSD

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