Binance Develops LDUSDT: An Asset That Lets Users Earn Rewards While Trading Futures

CN
10 days ago

Binance has announced the upcoming launch of LDUSDT, a new reward-bearing margin asset designed for users of its Simple Earn USDT Flexible Products. This asset allows users to convert their subscribed USDT Flexible assets into margin assets for futures trading while simultaneously earning annual percentage rate (APR) rewards at the same prevailing rate. LDUSDT is the second reward-bearing non-stablecoin margin asset introduced by Binance, following the successful launch of BFUSD. Jeff Li, VP of Product at Binance, highlighted that LDUSDT enhances capital efficiency, allowing users to earn rewards while maintaining flexibility in managing their assets. The official release date for LDUSDT is set for April 2025.

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