Tuesday, September 17, 2024
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BitPay: Binance Partnership Brings BUSD

BitPay: Binance Partnership Brings BUSD

  • Merchants report an uptick in first-time customers paying with cryptocurrency through BitPay as a result
  • Newest addition, Binance’s USD-denominated BUSD stablecoin, we think will be a favorite of both merchants and users
  • NYDFS-approved stablecoin BUSD has seen widespread adoption since its launch last year
  • Addition of BUSD part of a partnership with Binance that will expand BitPay merchant’s potential customer base considerably
  • The partnership with Binance is about more than supporting another stablecoin, it is about making cross border payments simple
  • With BUSD, BitPay expands blockchain payment choices for all our customers across the global payments

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