Binance Wealth Management will upgrade to BFUSD to enhance user experience

BlockBeats News: On August 11th, according to official sources, Binance Wealth Management announced an upgrade to BFUSD to enhance user experience. Starting from 08:00 on August 14, 2025 (GMT+8 time), users do not need to have a contract account and can directly subscribe and redeem BFUSD through Binance Wealth Management. To support this upgrade, all users' subscription and redemption operations between 13:00 and 22:00 on August 13, 2025 (GMT+8 time) may be affected. To ensure the normal trading of users, please avoid purchasing and redeeming during the upgrade period. Currently, contract users holding BFUSD can transfer BFUSD from their contract account to their spot account for redemption. Starting from 08:00 on August 14, 2025 (GMT+8 time), users will not be able to subscribe and redeem BFUSD through Binance contracts.