Binance has announced in a press release that it will cease supporting BFUSD subscription and redemption with USD Coin (USDC) but will continue to support these operations with Tether (USDT).
BFUSD is a yield-bearing product offered within Binance Earn, allowing users to subscribe or redeem stable-value holdings and collect daily rewards. According to Binance’s official announcement, BFUSD is not a blockchain-based token and therefore cannot be transferred outside of the Binance platform. The company explained that by discontinuing USDC support, it aims to streamline the product’s operations and focus solely on USDT, which remains the most liquid and widely used stablecoin across Binance Earn products.
The adjustment takes effect on August 25, 2025, at 08:00 UTC. At this point, users will no longer be able to subscribe to or redeem BFUSD using USDC. According to Binance’s release, customers who intend to use USDC for these operations must complete their transactions before this deadline to avoid service disruptions. After that point, only USDT will be available for all BFUSD subscription and redemption activity, ensuring continuity through a single supported stablecoin.
Despite the removal of USDC support, all other BFUSD features remain unchanged. Users can still view their daily rewards via the Earn History section and redeem assets at any time using USDT. The company also clarified that rewards are accrued daily and that early redemption in USDT does not affect rewards already accumulated.
Binance is the world’s largest cryptocurrency exchange by trading volume, offering an extensive ecosystem of financial products ranging from spot and derivatives trading to staking, lending, and custody solutions. According to CoinMarketCap data, Binance handles more than $200 billion in daily trading volume and serves over 280 million users worldwide across more than 180 jurisdictions. This scale enables Binance to continually adjust product offerings like BFUSD to align with global liquidity needs and operational efficiency.
