Binance's RWUSD is out, here are the key features: - Annual yield rate reaches 4.2% - Maximum subscription amount up to $5 million - Backed by real assets (RWA) such as tokenized U.S. Treasury bonds - Can be used as collateral for Binance VIP borrowing - Subscriptions can be made in USDC or USDT, with RWUSD exchanged at a 1:1 ratio - Can be redeemed quickly or through standard redemption, with applicable fees charged upon redemption Previously, regarding stablecoin issuers, USDC and USDT have such terrifying net profit margins and a very stable income source primarily from government bonds, yet they cannot share this with stablecoin holders. @jason_chen998 has been discussing this. This RWUSD may disrupt the status quo: users can place their unique stablecoins on Binance to subscribe to RWUSD, allowing them to share the income from the collateralized government bonds behind the stablecoins.