Binance introduced BFUSD, a yield stablecoin that can also be used as collateral and offers 19.55% APY.
According to the new statement made through the Binance official customer support X account, BFUSD will not be a stablecoin. Instead it will be a margin asset that carries rewards for futures trading. However, Binance thanked the community for the interest in the asset in question. He added that new information on how the APY return will be determined will be shared with the community soon.
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Source: https://www.bitcoinsistemi.com/son-dakika-binance-kendisine-ozel-yeni-stablecoinini-piyasaya-surecegini-acikladi-iste-detaylar/
