- Main event: Binance’s launch of RWUSD, impacting stablecoin investors.
- RWUSD yields up to 4.2% APR, supporting real-world assets.
- No on-chain presence, affecting only Binance internal ledgers.
Binance has introduced RWUSD, a yield-bearing product linked to stablecoin deposits, promising up to 4.2% APR from real-world assets, effective July 28, 2025.
RWUSD offers stablecoin holders a platform to earn yields without engaging in on-chain activities, distinguishing itself from existing tokenized securities and DeFi protocols.
Binance has launched RWUSD, a new principal-protected, yield-bearing product. It is designed to provide stablecoin holders with up to 4.2% APR backed by real-world assets like U.S. Treasury bills.
The product allows users to subscribe using USDT or USDC. Upon subscription, RWUSD is issued on Binance’s internal ledger at a 1:1 ratio with USDC-redemption only. Binance’s internal systems manage transactions.
“RWUSD allows users to earn yield from real-world assets without holding tokenized securities.” – Binance Square
The introduction of RWUSD primarily impacts Binance users through off-chain stablecoin management. It leaves major DeFi protocols, ETH, and BTC unaffected due to its non-transferable nature. RWUSD’s design avoids tokenization risks, differing from previous yield programs like those from Nexo or Celsius. The approach adheres to precautions in regulatory environments, excluding U.S. users.
In past yield programs, economic challenges occurred from regulatory or market pressures. RWUSD circumvents these by ensuring activity remains internal to Binance. Potential outcomes include influencing stablecoin flow within Binance without affecting public blockchains. The financial parameters highlight a focus on traditional finance integration without relying on decentralized protocols.
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