Binance Wallet Rolls Out 'Hold to Earn' Feature for Eligible Stablecoins

Binance Wallet has introduced a new 'Hold to Earn' feature for eligible stablecoins held in backed-up wallets. This allows users to earn estimated returns without the need to lock or stake their assets. The rollout initially supports three stablecoins: U on BNB Smart Chain with an estimated annual percentage rate of 1.5%, Ethena's USDe on Ethereum at 4.75%, and USDS on Ethereum at 3.6%. Users can activate this feature with a single click, without having to worry about network fees or locked assets.

The rewards for holding these stablecoins can be claimed after 8 p.m. ET each Monday (midnight UTC Tuesday). Each claim will require payment of network gas fees.