According to an official announcement today, U.S.-based cross-border payment fintech company Wyre has partnered with Binance to enable users to purchase the Binance stablecoin BUSD via Wyre's Checkout tool and API. Wyre users can now buy BUSD in under 30 seconds using multiple fiat currencies through the Checkout tool without needing to create a new account. Through this collaboration, BUSD becomes available to all of Wyre’s partner users, including Opera, BRD, BitPay, and MetaMask. Users in 57 countries can purchase BUSD using credit or debit cards, with Apple Pay support available in select regions.
BUSD is a compliant, dollar-pegged stablecoin issued jointly by Binance and Paxos and regulated by the New York State Department of Financial Services. It plays a key role in Binance’s DeFi strategy, and its recent rapid growth has been driven by the expansion of Binance Smart Chain and Binance Launchpool.
