Binance Lists RWUSD and Launches Zero-Fee Campaign, Supporting Spot, Margin Trading, and Crypto Conversion
October 13, according to official sources, Binance will list RWUSD on October 13 at 16:00 (Beijing time) and open the RWUSD/USDT spot trading pair, while launching a zero-fee promotion, with the end time to be announced later. The announcement stated that RWUSD will also support cross margin trading and can be used as a cross margin collateral asset, but borrowing RWUSD is currently not supported. Within one hour after listing, users can also exchange RWUSD with BTC, USDT, and other tokens via Binance Convert with zero fees.
RWUSD is a yield-bearing product launched by Binance, supporting flexible-term subscriptions and daily APR payouts, with yield sources including Binance ecosystem revenue and possibly support from real-world assets such as U.S. Treasuries. RWUSD is pegged 1:1 to the stablecoin used by users at subscription, and will be converted to USDC upon redemption. Currently, RWUSD does not support deposits and withdrawals. The zero-fee promotion applies to the RWUSD/USDT spot and leverage trading pairs (if applicable), and during the promotion, the related trading volume will not be counted toward VIP tier trading volume calculations and the liquidity provider program. Standard fees will resume after the promotion ends.