BlockBeats news, on August 11, according to official news, Binance Wealth announced an upgrade of BFUSD to enhance user experience. Starting from August 14, 2025, 08:00 (UTC+8), users will no longer need to have a contract account and can directly subscribe and redeem BFUSD through Binance Wealth.
To support this upgrade, all users' subscription and redemption operations between 13:00 and 22:00 (UTC+8) on August 13, 2025, may be affected. To ensure normal trading for users, please avoid conducting subscription and redemption operations during the upgrade period. Users currently holding BFUSD in their contract accounts can transfer BFUSD from their contract accounts to their spot accounts for redemption. From August 14, 2025, 08:00 (UTC+8), users will not be able to subscribe or redeem BFUSD through Binance contracts.