Binance to launch bonus margin asset BFUSD for futures trading
On November 19, in response to market news that "Binance will launch a new stablecoin BFUSD with an annual interest rate of 19.55%", Binance responded that BFUSD is not a stablecoin, but a bonus margin asset for futures trading. Binance will soon share more details, including how to determine APY.