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.