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 Completes Reverse Token Split for XTZDOWN Leveraged Token (2021-09-08)
https://www.binance.com/en/support/announcement/9e7dde521b1547e490c0d5d3d6140b34

Binance Completes Reverse Token Split for XTZDOWN Leveraged Token (2021-09-08).

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Cryptonews.com

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