Binance, the world's largest cryptocurrency exchange, has announced the launch of a new principal-protected Earn product called RWUSD. The product aims to provide users with returns that are benchmarked against Real-World Assets (RWAs), specifically tokenized U.S. Treasury Bills.
RWUSD offers users an annual percentage rate (APR) of up to 4.2% and can be used as collateral for Binance VIP Loans while still generating rewards. Users can subscribe to the product with either USDT or USDC and can redeem their funds for USDC on a 1:1 basis.
Binance has clarified that RWUSD is not a stablecoin, security, fund, or a tokenized RWA. Instead, it functions as a record of a user's subscriptions and rewards within the Binance ecosystem. It cannot be traded between users or transferred off the platform.
Jeff Li, Binance's VP of Product, highlighted the product's alignment with the company's goal of making crypto more accessible and rewarding. "Binance Earn has helped over 11 million users accrue earnings and savings with their crypto assets, and we will continue to make crypto more rewarding and engaging for users," he said.
RWUSD joins similar products like BFUSD and LDUSDT, expanding Binance's suite of principal-protected, reward-generating offerings. The new product offers competitive and stable rewards, with personal quotas of up to $5 million at the full APR.
July 2025, Cryptoniteuae