<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

Crypto News Flash

Other articles published on Nov 21, 2024

DegenLayer Introduces The First Memecoin Focused Blockchain

Signals on Meme Coins Succeed with High Accuracy

XRP Battles $1.22 Resistance, Will a Breakout Unleash Its True Potential?

Top 5 meme coins that could outshine Dogecoin in the current crypto boom

Pennsylvania House of Representatives Introduces Bill to Hold Bitcoin as Reserve Asset

Best Cryptos to Buy Now: Qubetics Set for 10% Rise, SEI Network Turns Bullish, and Chainlink Repo...

Join our free newsletter for daily crypto updates!