TechFlow news, November 19 — According to The Block, Binance on Monday announced an upcoming asset called BFUSD, which some industry participants described as resembling a high-yield stablecoin (offering an annual yield of 19.55%). Binance later clarified that despite the "USD" suffix in its name, the asset is not a stablecoin.
"BFUSD has not yet launched. To be clear, it is not a stablecoin but a rewards-based margin asset for futures trading," Binance wrote on X, responding to crypto news aggregator @zoomerfied referring to the token as a "stablecoin."




