𝗕𝗶𝗻𝗮𝗻𝗰𝗲 𝗶𝘀 𝗻𝗼𝘁 𝗹𝗮𝘂𝗻𝗰𝗵𝗶𝗻𝗴 𝗮 𝘀𝘁𝗮𝗯𝗹𝗲𝗰𝗼𝗶𝗻 🚨
Yesterday, news came out regarding @binance launching a stablecoin named $BFUSD with 19.55% APY
BFUSD is not a stablecoin but a derivative token accruing interest from futures.
More announcements regarding this will probably happen soon, but don't listen to those who are saying that this is just like UST stablecoin.