🎙️The implementation of the stablecoin bill has entered the era of "everything can be RWA," with Web3 funding sources becoming unprecedentedly diversified.

Some existing CEXs are gradually following this aspect of the business

like tokenized stock securities and tokenized precious metals, where some projects have already started, and in the future, the scale and scope will only increase.

Binance @币安Binance华语 , as a global leading cryptocurrency trading platform, is also entering this track with significant investment, releasing new regulations to support $USYC and $cUSDO as collateral.

Assuming you set up a fund with one hundred million dollars and want to participate in futures trading through OTC services.

The traditional way is for the fund to negotiate a BTC futures contract with a counterparty, and during the trading period, one hundred million dollars' worth of $USDT is locked as collateral in the Binance account.

After Binance's new regulations, you can first convert the US dollars into $USYC and $cUSDO, and then use these two tokens as collateral to complete the transaction.

<It seems there’s no difference; they are all stablecoins, but there is a significant difference>

USYC is a tokenized fund, with the underlying anchored to the Hashnote International Short Duration Yield Fund (money market fund). Holding this is equivalent to holding the fund, which will provide additional returns.

While cUSDO is directly anchored to the U.S. Treasury market, OpenEden Digital will allow token holders to enjoy annual returns from holding U.S. Treasury bonds through U.S. Treasuries and reverse repurchase agreements.

If the trading period for this futures transaction is relatively long, say one year, you will ultimately leave with no profit or loss, simply returning the one hundred million dollars' worth of $USDT.

However, if you collateralize with these tokenized stablecoins, these stablecoins can generate annual returns of up to 4%-5%.

This means you can use one amount of money in two places:

one place earns financial interest, while the other place is for trading.

- It has opened up a completely new model, starting to provide large funds with a new channel for dual benefits.

- It will attract more large funds to tokenize their U.S. Treasuries or securities, maintaining stable returns while also preserving liquidity.

Regardless of what large funds use these stablecoins as collateral for, futures, contracts, etc.,

it deepens market depth and supports long-term prosperity. More importantly, by supporting RWA, Binance has seized the high ground in the integration of Web3 and traditional finance, solidifying its position as a global hub in the cryptocurrency ecosystem.