Today's news is quite important. The development of stablecoins and #RWA cannot be separated from the strong support of exchanges. Binance is one of the earliest practitioners of the #RWA scheme, such as #PAXG, which is a gold RWA.

Today, Binance launched a stablecoin #RWA product based on U.S. Treasury bonds, a principal-protected wealth management product, with asset returns supported by short-term U.S. Treasury bonds. Users can exchange USDT or USDC for #RWUSD to enjoy an annualized return of up to 4.2% (U.S. Treasury bond yield).

Moreover, it can be redeemed in real-time, which is similar to the tokenization logic of money market funds, and it's quite an interesting innovation. Looking forward to seeing more interesting schemes from other exchanges! 🧐

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