Binance Introduces RWUSD, New Product Backed by Tokenized U.S. Treasuries
Binance has introduced RWUSD, a new financial product in its Earn line, giving users exposure to tokenized real-world assets (RWAs) such as U.S. Treasuries. The product is Binance’s first principal-protected Earn product backed by U.S. government securities.
How RWUSD Works
It will be accessible to Binance users for subscription of RWUSD from 28 July, with eligible stablecoins such as USDT and USDC, depending on regional availability. Each deposit earns a 1:1 conversion in RWUSD.
The users receive APRs up to 4.2% on their deposits. The product features an automatic imperative guarantee of principal protection, whereby all of the initial deposits of the users will remain intact and earn yield.
This Binance product has no subscription fees, which encourages more users to join.
What Makes RWUSD Special?
Although RWUSD resembles stablecoins in structure, it is not redeemable and is a product in-platform on the Earn platform. It is a placeholder that earns yields on returns of U.S. Treasury-backed RWAs.
Upon redemption, users will receive payout in USDC regardless of the subscribed stablecoin.
Redemption Options
Subscribers have choices to:
- Fast Redemption – for quicker access but potentially more costly.
- Standard Redemption – less convenient but cheaper.
- Both processes are subject to applicable redemption fees set by Binance.
Binance’s Current RWA Strategy
While RWUSD is Binance’s first RWA product on Earn, the exchange had already collaborated with OpenEden through Binance Labs, offering exposure to tokenized T-Bills. RWUSD now internalizes that technology to Binance’s main platform, enabling RWA for more users.
Final Thoughts
As more interest in tokenizing real-world assets grows, Binance’s RWUSD offers users a fairly low-risk, yield-generating product tied to U.S. Treasury bonds. While not as liquid as other products, the product offers stable returns and principal protection—an attractive choice for conservative crypto investors.
