Payment service provider BitPay partnered with Binance to support its stablecoin . BUSD support will be available to BitPay's 2 million customers - individual and commercial - both in their wallet and on their card . The product will be available throughout the United States.
Founder and CEO of Binance , Changpeng Zhao , said he was "honored" by the new association and BitPay described as "one of the earliest and most repuntados payment service providers" in the crypto ecosystem.
"Partnering with BitPay will allow merchants and businesses around the world to accept BUSD. (...) We believe that an increasing number of merchants and businesses will begin to embrace cryptocurrencies," said Zhao .
For his part, BitPay CEO Stephen Pair noted that the new agreement is an opportunity to expand payment options for his clients, especially for those who "want the flexibility to pay on blockchain with the stability of the dollar . "
In the last hours, in addition, Binance launched its mining group " Binance Pool ". The group will have zero tariffs to 31 of maypole , date from which shall take effect on the rate of 2.5% . The system is integrated with the rest of the Binance platform , so miners will be able to easily transfer funds between Binance Pool and the company's various platforms such as Binance Futures , Spot and Margin trading, Binance Lending, Binance Staking and OTC services .