Binance Wealth Management launches principal-guaranteed wealth management product RWUSD

Odaily Planet Daily News According to the official announcement, Binance Wealth Management announced the launch of RWUSD, a principal-guaranteed financial product that provides users with tokenized U.S. debt-grade returns on real-world assets (RWA). Users who subscribe to RWUSD can obtain an annualized rate of return of up to 4.2%. Users can subscribe to RWUSD using designated stablecoins (users in eligible regions can use USDT or USDC). After subscription, users will receive the same amount of RWUSD in a spot account at a 1:1 ratio, and RWUSD does not charge a subscription fee. At the time of redemption, regardless of whether it was initially subscribed with USDC or USDT, RWUSD will be exchanged for USDC at a 1:1 ratio. Users can choose quick redemption or standard redemption, and corresponding fees will be charged at the time of redemption.