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.
Key Features of RWUSD
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.
- Rewards and Redemption: Rewards are distributed daily in RWUSD to a user’s spot account. The product offers two redemption options: an instant redemption with a 0.1% fee, and a standard redemption after a T+3 settlement period with a lower 0.05% fee. A free quota is also available for fast redemptions.
- Collateral for VIP Loans: One of the key advantages of RWUSD is its ability to be used as collateral for Binance VIP Loans. This allows users to leverage their assets without losing out on the daily rewards.
Not a Stablecoin or Tokenized RWA
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
