The so-called official stablecoin U of Binance has launched

The so-called official stablecoin U of Binance has launched an event today in collaboration with Venus and Lista DAO on the Binance wallet, resulting in an influx of $278 million in less than a day, which was incredibly fast.
Although the annualized rate currently remains at around 15-16%, this indicates that people are not hesitant to invest because of the bear market, but rather seeking steady income.
It is expected that there will be a second and third phase, supporting internal exchanges on Binance or Pancake.
Additional note: Currently, within Binance, the exchange of U to USDT and USDC has a 0 transaction fee.

.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}The so-called official stablecoin U of Binance has launched an event today in collaboration with Venus and Lista DAO on the Binance wallet, resulting in an influx of $278 million in less than a day, which was incredibly fast.

The so-called official stablecoin U of Binance has launched an event today in collaboration with Venus and Lista DAO on the Binance wallet, resulting in an influx of $278 million in less than a day, which was incredibly fast.