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Binance is launching a new stablecoin BFUSD with 19.55% APY
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.
Analytics Insight8h
Binance's BFUSD Sparks Controversy: Is It the Next TerraUSD?
Crypto exchange Binance has cleared up confusion on its newly released asset, BFUSD’s stablecoin status. The firm has stated ...
Binance clarifies BFUSD isn’t a stablecoin as X gets Terra flashbacks
Binance has shared that its forthcoming BFUSD product isn’t actually a stablecoin after a news aggregator sparked a ...
coinspeaker7h
Binance Clarifies New BFUSD Asset Isn’t Stablecoin despite High Yields
Binance clarified that BFUSD has not yet launched and functions as a reward-bearing margin asset designed for futures trading.
Can treasury-linked stablecoins bring stability to DeFi?
Decentralized finance (DeFi) is increasingly blending with traditional finance (TradFi), introducing new tools such as ...
Coingape19h
Binance Introduces High-Yield BFUSD Stablecoin
Binance has introduced a new stablecoin called BFUSD intended for high-yield earnings and to act as collateral for trading and borrowing ...