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Binance Clarifies $BFUSD is Not a Stablecoin and Hasn’t Launched Yet
- Binance has clarified that $BFUSD is not a stablecoin and has not been launched yet.
- The asset is designed as a reward-bearing margin asset for futures trading.
- Unlike traditional staking systems, BFUSD allows users to earn a 19.55% APY without locking up funds.
- Concerns about high-yield stablecoins and their risks have been addressed.
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