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@IgorBelykh more from that month

How Binance USD (BUSD) is backed Let’s look at the numbers as of June 30: - $10.6 billion in short-term treasury bonds (with a maturity of less than 90 days) - $6.2 billion of BUSD reserves placed in repurchase agreements issued by the US Treasury (repo) maturing next day — $738 million in fiat Funds are held in segregated accounts.

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