According to an official announcement, Binance.US has adopted the stablecoin USDT, which is pegged to the US dollar, as the new trading base asset instead of the US dollar. Through partnerships with third-party payment providers such as MoonPay, Binance.US has launched the "Buy and Sell Cryptocurrency with USDT" feature on its mobile app and will later offer this feature on its website.
Binance.US states that this feature allows users to recharge their USDT balance with USD using partner services and then purchase or sell over 150 cryptocurrencies supported by the platform using USDT. MoonPay provides USD deposit support and supports USDT purchase payments using debit cards, credit cards, Apple Pay, and Google.
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