Binance Launches LDUSDT: New Margin Asset for Futures Trading with Real-Time APR Rewards

Binance has announced the upcoming release of LDUSDT, a new token designed to serve as a reward-bearing margin asset for futures trading. This token is not just another trading tool—it’s also a vehicle for passive income, enabling users to participate in futures trading while simultaneously earning yields. As a margin asset, LDUSDT can be used across various supported trading pairs and multi-asset modes, allowing users to maintain flexibility in trading strategies without sacrificing earning potential.

LDUSDT follows Binance’s earlier release of BFUSD, another reward-bearing margin token. Both BFUSD and LDUSDT are structured to generate APY through Binance’s internal hedging and investment activities. While no official release date has been confirmed, Binance stated that the asset will soon launch on its website and app. Once the token becomes available, Binance users interested in the offering can convert their USDT holdings from Binance’s Simple Earn Flexible Products into LDUSDT.

Despite being pegged to USDT in value, Binance has clarified that LDUSDT should not be confused with a stablecoin. According to the exchange, “LDUSDT is not a stablecoin but a crypto asset that can be used as futures trading margin, while allowing users to earn Simple Earn Real-Time APR rewards.” Stablecoins are typically pegged to fiat currencies like the US dollar and backed by reserves such as cash or Treasury bonds. These assets are designed to maintain price stability and have become one of the emerging industry’s most prominent use cases over the past years.

Binance’s distinction is especially important as US regulators continue to scrutinize yield-bearing stablecoins. Current stablecoin bills in US Congress explicitly exclude interest-generating stablecoins, and the US Securities and Exchange Commission (SEC) has also refrained from offering guidance on such products. However, the CEO of a major cryptocurrency exchange has called for more flexible policies, arguing that earning interest on digital dollars could strengthen the economy and improve financial access.

Binance has introduced LDUSDT, a new reward-bearing margin asset designed to enhance capital efficiency for users engaged in futures trading. This innovative asset allows traders to utilize LDUSDT as collateral for their futures positions while simultaneously earning Simple Earn Real-Time APR rewards. By integrating these two functionalities, LDUSDT eliminates the need for users to choose between earning passive rewards and maintaining liquid margin assets, thereby optimizing their trading strategies.

The launch of LDUSDT is part of Binance's broader initiative to provide users with more flexible and rewarding trading options. Traders can now convert their USDT holdings into LDUSDT within the Simple Earn platform, enabling them to participate in futures trading while accruing passive income. This dual-purpose asset not only offers the stability of USDT but also provides the additional benefit of earning real-time APR rewards, making it an attractive option for both active traders and passive investors.

The introduction of LDUSDT is expected to attract a wider range of users to Binance's platform, as it caters to those who seek to maximize their returns through both active trading and passive income strategies. By offering this new asset, Binance aims to create a more dynamic and efficient trading environment, where users can leverage their capital more effectively and achieve their financial goals. The launch of LDUSDT is a significant step forward in Binance's efforts to innovate and provide cutting-edge financial solutions to its users.