<img width="1200" height="675" src="data:image/svg+xml;base64,PHN2ZyB2aWV3Qm94PScwIDAgMSAxJyB4bWxucz0naHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmcnPjwvc3ZnPg==" class="webfeedsFeaturedVisual lazyload wp-post-image" alt="binance" style="display: block; margin-bottom: 5px; clear:both;max-width: 100%;" link_thumbnail="" decoding="async" sizes="(max-width: 1200px) 100vw, 1200px" data-srcset="https://www.crypto-news-flash.com/wp-content/uploads/2024/08/Binance.png 1200w, https://www.crypto-news-flash.com/wp-content/uploads/2024/08/Binance-300x169.png 300w, https://www.crypto-news-flash.com/wp-content/uploads/2024/08/Binance-768x432.png 768w, https://www.crypto-news-flash.com/wp-content/uploads/2024/08/Binance-150x84.png 150w, https://www.crypto-news-flash.com/wp-content/uploads/2024/08/Binance-450x253.png 450w" data-src="https://www.crypto-news-flash.com/wp-content/uploads/2024/08/Binance.png">Binance clarified that BFUSD is a reward-bearing margin asset, not a stablecoin. The announcement triggered concerns, with many comparing BFUSD to the collapse of TerraUSD (UST). Binance has clarified the nature of its new asset, BFUSD, stating that it is a reward-bearing margin asset rather than a stablecoin. The statement posted on X (formerly Twitter)

Binance on BFUSD: Not a Stablecoin, High-Yield Concerns Addressed

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