Cryptocurrency exchange Binance has introduced a new financial product on its Binance Earn platform called RWUSD. This offering is backed by tokenized U.S. Treasury assets, providing investors with exposure to traditional finance yields.
Users can subscribe to RWUSD using major stablecoins, specifically USDT or USDC, at a 1:1 ratio. The product offers an estimated annual percentage yield (APY) of up to 4.2%. Crucially, RWUSD is structured as a principal-protected product.
A key operational detail is the redemption process: customers receive payouts in USDC upon redeeming their RWUSD holdings, regardless of whether they initially subscribed with USDT or USDC. RWUSD functions solely within the Binance Earn ecosystem, is non-transferable, and carries no subscription fees.
This launch represents a strategic expansion of the Binance Earn product suite. It directly integrates real-world asset (RWA) tokenization, specifically U.S. Treasury Bills, into the exchange’s yield-generating offerings. The stated yield is derived from the performance of these underlying tokenized Treasury assets.
By offering this product, Binance aims to provide users seeking stability and regulated asset backing with a yield-bearing option within the crypto ecosystem. The yield is paid annually in USDC at the point of redemption.