1. BUSD is backed 1:1 with:
Answer: Cash reserves
2. Who mints BUSD?
Answer: PAXOS
3. What can BUSD be used for?
Answer: All are correct
4. What is the total supply of BUSD?
Answer: Just over 22 billion
5. How can you purchase BUSD or Binance-Peg BUSD?
Answer: All are correct
6. What is the name of the BUSD-pegged token Binance offers on BNB Chain and other chains?
Answer: Binance-Peg BUSD
7. What fiat currency is BUSD pegged to?
Answer: U.S. Dollar
8. Which chain is BUSD minted on by Paxos?
Answer: Ethereum
9. Which of the following descriptions is incorrectοΌ
Answer: BUSD doesnβt provide a monthly basis attestation report.
10. Who regulates BUSD?
Answer: NYDFS(New York Department of Financial Services)
11- DPOS
Answer: Cash reserves
2. Who mints BUSD?
Answer: PAXOS
3. What can BUSD be used for?
Answer: All are correct
4. What is the total supply of BUSD?
Answer: Just over 22 billion
5. How can you purchase BUSD or Binance-Peg BUSD?
Answer: All are correct
6. What is the name of the BUSD-pegged token Binance offers on BNB Chain and other chains?
Answer: Binance-Peg BUSD
7. What fiat currency is BUSD pegged to?
Answer: U.S. Dollar
8. Which chain is BUSD minted on by Paxos?
Answer: Ethereum
9. Which of the following descriptions is incorrectοΌ
Answer: BUSD doesnβt provide a monthly basis attestation report.
10. Who regulates BUSD?
Answer: NYDFS(New York Department of Financial Services)
11- DPOS
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