Binance introduces RWUSD, a new product that could change the way we view passive earning in crypto. Users can expect stable rewards of up to 4.2% APR, and importantly – the full rate applies even to large amounts. The product is secured and backed by assets of real value, making it a safe and efficient option for investors. Check out how it works and why it may interest even the most demanding.
New product with a full APR of up to 5 million RWUSD
RWUSD is the latest offering in the Binance Earn portfolio. Its main distinguishing feature is that the full interest rate of up to 4.2% APR applies up to a limit of 5 million RWUSD. This is a rarity in the market, where other exchanges usually limit the full rate to small amounts, e.g., the first few hundred dollars.
Rewards are accrued daily and go directly to the user's spot account in RWUSD. Moreover, since the rewards increase the total RWUSD balance, it is possible to achieve a compound interest effect. The longer the funds remain in the product, the greater the benefits.
The product has been designed with stability and competitiveness in mind. Its interest rate is linked to the profitability of U.S. Treasury bonds, allowing it to maintain attractive conditions even in a volatile market environment.
Security and support from real-world assets
RWUSD is not a stablecoin or a token directly linked to a specific asset. However, it is a secured product, backed by innovative Real-World Assets, including tokenized U.S. Treasury bonds. This allows investors to take advantage of the potential of assets that were previously difficult to access in the crypto world.
Subscription to RWUSD is possible in both USDT and USDC. At any time, a user can exchange RWUSD for USDC at a 1:1 ratio. There are two options available – immediate exchange or withdrawal in T+3 days with a small fee. The daily limit for free immediate exchange is 5,000 RWUSD.
An important asset is capital protection. The funds remain secure within the Binance ecosystem, and flexible redemption rules allow investors to maintain full control over their capital.
Capital working in two ways
A unique feature of RWUSD is the ability to use it as collateral for a Binance VIP Loan. This means that the funds held in RWUSD continue to generate rewards, while simultaneously being able to be used as collateral for a loan. This solution increases capital efficiency, allowing investors to operate on multiple fronts simultaneously.
Binance emphasizes that the goal is to broaden access to products that combine the benefits of traditional finance and blockchain innovation. Until now, exposure to U.S. Treasury bonds was reserved for a narrow group of investors. Now, access to such benefits can be available to every user of the platform.
RWUSD is another step towards making passive earning in crypto more attractive. Binance Earn already has over 11 million users who regularly utilize various savings products. The company promises further development of the offerings to increase revenue-generating opportunities from digital assets.