According to the announcement from Binance, the platform is set to upgrade its BFUSD service to improve user experience. Starting from 2025-08-14 00:00 (UTC), users will be able to subscribe to and redeem BFUSD directly through Binance Earn, eliminating the need for a Binance Futures account. This upgrade may affect BFUSD subscription and redemption between 2025-08-13 05:00 (UTC) and 14:00 (UTC). Users are advised to avoid these operations during the upgrade period to ensure smooth trading. Binance Futures users holding BFUSD should transfer their assets from the Futures Account to the Spot Account for redemption. Post-upgrade, BFUSD will no longer be accessible from Binance Futures.
BFUSD is a reward-bearing asset redeemable for USD stablecoin, offering rewards on qualifying balances and usable as Margin in Binance Futures accounts. Key benefits include earning daily rewards without staking, attractive APR from funding fees and staking rewards, and high capital utilization with nearly 100% Collateral Value Ratio (CVR) in multi-asset mode trading. The upgrade introduces significant changes, such as making BFUSD accessible to users without a Binance Futures account and simplifying the subscription process through Binance Simple Earn. Once subscribed, users can view their BFUSD balance in their Spot Account, with daily rewards calculated based on holdings. Additionally, BFUSD can now be transferred within Binance accounts, including Spot, Futures, and Earn Accounts. However, it remains non-transferable outside the Binance platform. Daily rewards are credited at 09:00 (UTC) in USD stablecoins, and users can track their earnings through the Earn History section. This upgrade aims to broaden BFUSD's accessibility and enhance user engagement on the Binance platform.
