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Binance announced a new Earn product, RWUSD, which allows users to deposit stablecoins such as USDT or USDC and receive daily rewards benchmarked against tokenized U.S. Treasury Bills, with an advertised annual percentage rate and various redemption options.
Binance published detailed information about RWUSD, a new Earn product in which users deposit USDT or USDC and receive RWUSD at a 1:1 value. Users accrue daily rewards at a discretionary annual percentage rate (APR), benchmarked against tokenized U.S. Treasury Bills, with rates advertised as up to 4.2% APR at launch; the actual rate may change at any time. RWUSD participants can redeem their holdings using either a standard (T+3) or fast (instant) option, both subject to a small fee, and may also use RWUSD as collateral for Binance VIP Loans without interrupting reward accrual. RWUSD is not a stablecoin, tokenized RWA, security, or on-chain asset, and does not represent ownership of any underlying real-world asset. The product has a $5 million subscription limit per user and is not available to U.S. persons.
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To participate in Binance's RWUSD Earn program, users need to subscribe by depositing USDT or USDC at a 1:1 value to receive RWUSD in their Spot Account. After agreeing to the RWUSD Terms, rewards are credited daily in RWUSD. RWUSD can be redeemed for USDC at any time, with options for standard or fast redemption and associated fees. To get started, users can register or log in via the official sign-up link.
Binance is a global cryptocurrency exchange headquartered in Hong Kong, notable for high daily trading volumes, strong liquidity, and a large number of active users. Key features include low commissions, high platform performance, a proprietary BNB Coin for fee reduction, and a cold wallet storage option for cryptocurrencies. For a detailed overview of Binance's features, visit the full review on Traders Union: full review on Traders Union.
In our earlier news, we reported that Binance announced the upcoming release of interview content with its team members to address user questions and provide insights into the company’s operations. For full details, read the previous Binance update on Traders Union.