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.