Odaily Planet Daily News: Binance announced on Monday a new asset called BFUSD, which some industry insiders say is similar to a high-yield stablecoin (with an annual yield of 19.55%). Binance later clarified that despite the name containing the 'USD' suffix, the asset is not a stablecoin. 'BFUSD has not been launched yet. It is important to clarify that it is not a stablecoin, but rather a reward-type margin asset for futures trading,' Binance wrote on X in response to cryptocurrency news aggregator @zoomerfied referring to the token as a 'stablecoin.' (The Block)