Binance announces full migration of its stablecoin reward asset, BFUSD, to its wealth management platform

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Binance announces that starting from August 14, it will completely migrate the stable coin reward asset BFUSD to its financial platform, allowing users to purchase and redeem without a contract account. BFUSD can be directly purchased through "Principal-Protected Earnings," with rewards distributed daily to spot accounts. BFUSD offers an annual yield without requiring pledging and can be freely transferred between accounts.

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