Binance, the world’s leading cryptocurrency exchange, has announced the launch of LDUSDT, its second reward-bearing margin asset on the Binance Futures platform.
The new financial product enables users to convert their USDT locked in the Simple Earn Flexible Product into LDUSDT, which can then be used as margin for USDⓈ-M Futures trading.
In addition to providing futures trading utility, LDUSDT will continue to generate Real-Time APR rewards, allowing users to benefit from both passive income and active trading opportunities simultaneously.
Enhancing Capital Efficiency Through Dual Utility
Traditionally, users who subscribed to Binance’s Simple Earn USDT Flexible Product would have their funds locked, preventing them from using the capital elsewhere until they chose to redeem it.
With the introduction of LDUSDT, Binance is solving this limitation by allowing users to swap their locked USDT for LDUSDT, thus enabling them to actively trade on the Futures market without losing their passive yield.
A Binance spokesperson explained that LDUSDT acts as a bridge between earning and trading, giving users more flexibility and control over their assets.
The aligns with Binance’s broader mission to make crypto financial products more versatile and user-friendly.
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Following the Footsteps of BFUSD: Binance’s First Reward-Bearing Asset
LDUSDT is Binance’s second attempt at introducing a reward-generating asset designed for Futures trading, following the earlier launch of BFUSD.
BFUSD allowed users to earn returns from Binance’s hedging and investment strategies, including funding fee income and staking rewards.
While BFUSD was the first of its kind, LDUSDT takes a different approach by offering users a way to continue earning Simple Earn APR while utilizing the asset as collateral for trades.
The expansion of such products demonstrates Binance’s continued innovation in combining yield farming and derivatives trading, ensuring that its user base has access to some of the most flexible financial tools in the crypto space.
Key Features and Future Availability of LDUSDT
LDUSDT is set to launch soon on both the Binance website and mobile app, with users encouraged to stay tuned for additional announcements.
Key features of LDUSDT include its reward-bearing nature, real-time APR accumulation, and its ability to be used as a USDⓈ-M Futures margin asset under the platform’s Multi-Asset Mode.
Importantly, while LDUSDT is not a traditional stablecoin, it offers significant utility by letting users maximize both passive earnings and trading leverage.
The product launch further strengthens Binance’s ecosystem and showcases the company’s focus on unlocking greater value and flexibility for its global user base.
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