Binance Introduces LDUSDT, Expanding Its Lineup of Reward-Bearing Margin Assets
Binance has announced the upcoming launch of LDUSDT, its second reward-bearing token designed for use as margin in futures trading. The new asset gives users the opportunity to earn passive returns while actively participating in Binance’s derivatives market.
LDUSDT can be acquired by converting USDT via Binance’s Simple Earn Flexible Product, and will be eligible for use as margin in stablecoin-margined futures contracts. This mirrors the functionality of BFUSD, Binance’s first yield-bearing asset, which launched earlier this year.
Jeff Li, Binance’s VP of Product, described LDUSDT as a continuation of the exchange’s mission to improve capital efficiency and user utility.
“LDUSDT gives our users the best of both worlds — the ability to earn while retaining the flexibility to trade. It reflects our broader goal of helping traders maximize the potential of their assets.”
Unlike a traditional stablecoin, LDUSDT is not pegged to a fiat currency, but is structured specifically to retain price stability within the platform and accrue rewards in real time. According to The Block, the annualized yield currently stands at approximately 1.5%, with real-time adjustments based on market activity.
With this addition, Binance continues to explore innovative tools that blur the line between passive yield and active trading functionality — a trend increasingly embraced by sophisticated crypto investors.
