Binance clarified that BFUSD has not yet launched and functions as a reward-bearing margin asset designed for futures trading.
Binance will issue BFUSD, a dollar-denominated asset that will also serve as a high-yield token. Simply holding BFUSD may grant 19.55% yield.
Binance has introduced a new stablecoin called BFUSD intended for high-yield earnings and to act as collateral for trading and borrowing ...
Bitcoin surged past $70,000 as the Stablecoin Supply Ratio Oscillator highlighted high demand; Open interest in Bitcoin ...
FTX has filed a lawsuit against Binance and its co-founder and former CEO Changpeng “CZ” Zhao to reclaim $1.76 billion over ...
Stablecoin payments company BVNK is in early talks with investors to raise a new funding round as excitement over its corner of the crypto market builds following a landmark acquisition by Stripe ...
especially if competition from other stablecoin issuers like USD Coin (USDC) and Binance USD (BUSD) increases. Tether’s ...
Stablecoins constitute a unique category of cryptocurrencies designed to maintain a stable value by pegging their worth to a reserve asset, such as fiat currency or commodities.