Binance Introduces RWUSD with Daily Rewards Benchmarked to Tokenized US Treasury Bills
Binance has introduced a new Earn product called RWUSD, which allows users to deposit stablecoins such as USDT or USDC and receive daily rewards benchmarked against tokenized U.S. Treasury Bills.
The annual percentage rate (APR) for RWUSD is discretionary and may change at any time, with an advertised launch rate of up to 4.2% APR.
RWUSD participants can redeem their holdings using either a standard (T+3) or fast (instant) option, both subject to a small fee.