Binance’s RWUSD lets you earn daily returns like a savings account, using USDT or $USDC , but you can’t trade or withdraw it like normal crypto.

Binance Launches RWUSD With Up to 4.20% Annual Return.

Binance introduced a new product called RWUSD, RWUSD recently and it gives Binance users a chance to earn up to 4.20% per year, based on the returns from tokenized U.S. Treasury bonds and other real-world assets (RWAs).

💮 It is a bit confusing but here are key factors you need to understand.

- You can join using USDT or USDC, and it has a 1:1 ratio.

- You get paid rewards every day.

- When you want to take your money out, you’ll get $USDC

- RWUSD is not a coin you can trade or send to others, so nothing like withdrawal or P2P(😂)

- It’s only available in approved regions and doesn’t give you ownership of the actual assets.