Steem Dollars are liquid stable-value currency tokens designed to be pegged to $1 USD. Steem Dollars can be traded with STEEM and transferred to other accounts for commerce or exchange.
Binance USD (BUSD) is a stable coin pegged to USD that has received approval from the New York State Department of Financial Services (NYDFS). BUSD will be available for direct purchase and redemption at a rate of 1 BUSD = 1 USD.