Binance Clarifies BFUSD is Not a Stablecoin, Yet to Launch

The post Binance Clarifies BFUSD is Not a Stablecoin, Yet to Launch appeared first on Coinpedia Fintech News Binance has introduced BFUSD, a reward-bearing margin asset for futures trading, clarifying it is not a stablecoin and hasn’t launched yet. Speculation arose after its promotional page compared BFUSD’s 19.55% APY to stablecoins, reminiscent of Terra’s Anchor Protocol. Users can hold BFUSD in their UM wallets to earn daily rewards without lockup requirements. Binance phased …

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