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Binance Clarifies BFUSD Is Not a Stablecoin and Remains Unlaunched
- Binance has clarified that BFUSD is not a stablecoin and has not yet officially launched.
- BFUSD is a reward-bearing margin asset for futures trading and allows users to earn daily airdrops.
- Confusion arose due to promotional materials comparing BFUSD's yield to traditional stablecoins.
- BFUSD's introduction follows Binance's phase-out of BUSD and positioning it as trading collateral.
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