Quantcast

Binance announces BFUSD upgrade enabling direct access through Binance Earn

Binance Labs rebrands to YZi Labs with new leadership and investment focus
Crypto influencer: Bitcoin's 'design ensures that no single person or entity can control it'
The New SEC Chairman Is Pro-Crypto and Here's Why That Changes Everything
EUCI co-founder: 'A decentralised product will have different legal consequences in different markets'
US: SEC launches crypto task force led by Hester Peirce
ECB member doubles down on digital euro after Trump’s crypto EO: Report
Binance authorized by Uzbek regulator to provide services
Coinbase CEO on transaction delays: 'We were not anticipating this level of surge'
SEC launches crypto task force led by Hester Peirce
World Liberty Financial: Trump's DeFi project breaks records
Trump inauguration live: Latest crypto market updates, analysis, reactions
Shaping skylines: Developers eye crypto buildings in Dubai, Tokyo
Cryptocurrencies and finance: BlackRock and Hamilton Lane dive into DeFi with Plume
EU’s new ‘DORA’ rules come into effect: What does it mean for crypto?
Judge Bibas on SEC enforcement: SEC repeatedly sues crypto companies, ‘yet it will not tell them how to comply’
Bitcoin in the USA: Senator Lummis is already putting pressure on the former administration
Trump plans to make crypto a national priority
AMF and ACPR announce updated list of unauthorized investment websites
BaFin announces warning on unauthorized services by SNB Capital Limited
Polymarket Threatened With Ban By Thailand Cyber ​​Police
Bitget User on 25% asset loss and account freezing: The 'admin just remove my comment'
Malaysia mulls crypto policy after talks with UAE and Binance founder CZ
Electric Capital co-founder calls regulatory actions 'Chokepoint 2.0'
Bitcoin: Pro-Crypto Cynthia Lummis Heads New Senate Subcommittee
Trump's Future Treasury Secretary Holds $500,000 in Bitcoin ETFs
Bitcoin Difficulty Hits All-Time High, Adjusts Positively for 8th Consecutive Time
Bybit halts India service following string of suspensions in other markets
Hong Kong launches 'supervision incubator' to help banks adopt blockchains
MEP Berger: 'The FDP needs Bitcoin'
Sen. Lummis on Ex-Vice Chair of Federal Reserve: He was 'enabling Chokepoint 2.0'
Binance announces BFUSD upgrade enabling direct access through Binance Earn
Web3/Crypto
Webp changpeng zhao founder for binance
Changpeng Zhao, Founder for Binance | Facebook

Binance has announced an upgrade to BFUSD, enabling subscription and redemption directly through Binance Earn without the need for a Binance Futures account. This development was shared in a press release.

According to the official Binance press release, the BFUSD upgrade aims to enhance accessibility and simplify the process for users to acquire and redeem BFUSD. Starting on August 14, 2025, at 00:00 UTC, all users, including those without a Binance Futures account, will be able to interact with BFUSD entirely through Binance Earn. This change aligns with Binance's goal of making its products more inclusive and streamlining processes for users who prefer spot or earn-based investment products over derivatives trading.

As detailed in Binance’s August 11, 2025 press release, the upgrade transfers BFUSD subscription and redemption operations from Binance Futures to Binance Earn. Users with BFUSD balances in Futures accounts can still hold them as collateral for margin trading before and after the migration while continuing to earn daily rewards. The company confirmed that these balances will not be automatically moved to Spot accounts, requiring manual transfers to complete redemptions through Earn. This may impact user workflows during the transition.

Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

In the same press release, Binance described BFUSD as a "reward-bearing asset redeemable for USD stablecoin" that provides daily rewards without any staking requirement. Its yield is derived from both funding fees and staking rewards, with protection from a dedicated reserve fund to safeguard returns. Following the upgrade, BFUSD will be transferable between Binance Spot, Futures, and Earn accounts but will remain a platform-only asset; it cannot be withdrawn to external wallets or blockchains.

According to Binance’s official corporate profile, it is the world’s largest cryptocurrency exchange by trading volume, operating in over 180 jurisdictions and serving millions of users globally. The platform offers services across spot and derivatives trading, staking, savings, and blockchain education through Binance Academy. The BFUSD upgrade is consistent with Binance’s broader strategy of integrating services to provide a seamless experience across its product ecosystem.

Organizations Included in this History
More News

Brian Armstrong, CEO of Coinbase, said that broader cryptocurrency use will emerge from seamless products where users benefit without engaging with the underlying systems.

Oct 22, 2025

Michael Saylor, co-founder of Strategy Inc., announced that the company has expanded its bitcoin holdings and reported a 25.9% year-to-date yield for 2025.

Oct 22, 2025

Lark Davis, founder of Wealth Mastery, advised traders to avoid leverage and risky "revenge trading" amid widespread liquidations and emphasized the importance of protecting capital.

Oct 22, 2025

Kent Lin, Co-founder of Optimum, said that Bitcoin's market capitalization is approximately 7% of gold's, suggesting that the rally in gold expands potential upside for Bitcoin.

Oct 22, 2025

Anna Milne, founding director of research for the CAFE Association, said that membership focuses on industry leadership that combines innovation with consumer protection, rather than merely adhering to baseline compliance.

Oct 20, 2025

Edward "Coach" Weinhaus, the Founding Executive Director of the CAFE Association, emphasized that fraud is a shared problem and detailed the organization's plan to educate consumers and support responsible companies.

Oct 17, 2025