What is known about BFUSD

Reports that Binance is launching BFUSD appeared on the exchange's resources. Participants in the crypto community spread the information across the network within minutes.

According to reports, the yield of BFUSD will be adjusted. Against the backdrop of the first news about the coin, the metric was at 19.55%. After a day, the yield exceeded 100% per annum. Presumably, users can use BFUSD as collateral for their leveraged trading. Due to the fact that there was initially no clear description of the coin on the platform's resources, the news took on incorrect outlines. Many wrote that BFUSD is a stablecoin. Due to the raised uproar, the Binance team had to clarify information about the initiative. According to them, BFUSD is not a stablecoin. The coin represents an income-generating margin asset for futures trading. Additionally, Binance representatives promised to provide more information about BFUSD and the tools for calculating its yield over time.$ACA $CLV $KMD