BIG NEWS: BinanceUS licensed to authorize investment of customer funds in US Treasury bonds
#BinanceUS has been licensed to use customer cash funds currently deposited at #BitGo to invest in US Treasury Bonds. This allows them to earn ~5% "nearly risk-free" yield, similar to how Tether earns currently.
These bonds will mature on a 4-week cycle, helping BinanceUS maintain liquidity and promptly respond to customer withdrawal requests.
#BNB price increased sharply after the news, nearly returning to the $600 mark
Register a Binance account to receive #USDT immediately here: https://azcoin.org/exchanges/binance/
#BinanceUS has been licensed to use customer cash funds currently deposited at #BitGo to invest in US Treasury Bonds. This allows them to earn ~5% "nearly risk-free" yield, similar to how Tether earns currently.
These bonds will mature on a 4-week cycle, helping BinanceUS maintain liquidity and promptly respond to customer withdrawal requests.
#BNB price increased sharply after the news, nearly returning to the $600 mark
Register a Binance account to receive #USDT immediately here: https://azcoin.org/exchanges/binance/
๐ฅ BIG NEWS: BinanceUS licensed to authorize investment of customer funds in US Treasury bonds
#BinanceUS has been licensed to use customer cash funds currently deposited at #BitGo to invest in US Treasury Bonds. This allows them to earn ~5% "nearly risk-free" yield, similar to how Tether earns currently.
These bonds will mature on a 4-week cycle, helping BinanceUS maintain liquidity and promptly respond to customer withdrawal requests.
#BNB price increased sharply after the news, nearly returning to the $600 mark ๐
๐Register a Binance account to receive #USDT immediately here: https://azcoin.org/exchanges/binance/
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