- Binance users can swap USDT to LDUSDT to earn yield while trading Futures.
- LDUSDT works as a margin asset and still earns APR from Simple Earn.
- Binance says LDUSDT isn’t a stablecoin, easing past token comparison fears.
Binance is set to launch a new futures margin asset called LDUSDT, designed to combine passive yield with trading utility. This asset allows users to earn real-time APR rewards while using it as margin in USDⓈ-M Futures. Binance clarified that LDUSDT is not a stablecoin, but a crypto product with integrated reward benefits.
Binance Adds Utility to USDT Holdings With LDUSDT Swap
According to a post by Crypto Miners, LDUSDT can be obtained by swapping USDT from Binance’s Simple Earn Flexible Product. This enables users to convert passive earnings into a tradable asset for futures trading. Binance confirmed that rewards continue accruing even after the swap into margin use.
This development mirrors Binance’s earlier release of BFUSD, its first reward-bearing margin product launched in 2024. The company reiterated that LDUSDT is not a stablecoin, addressing concerns over comparisons to past failed tokens like UST. LDUSDT maintains a different structure while supporting active trading functions.
LDUSDT Supports Multi-Asset Mode and Real-Time Rewards
Besides yield continuity, LDUSDT will be fully integrated into Binance’s Multi-Asset Mode for USDⓈ-M Futures trading. Users can apply the token directly as margin while still benefiting from Simple Earn APR. This dual-purpose feature enhances capital efficiency across multiple Binance services.
The platform explained that swapped USDT is automatically moved to the user’s Futures Wallet. This streamlined process removes the need to choose between earning and trading functions. A Binance spokesperson added that LDUSDT expands utility without increasing risk exposure for margin traders.
The official launch date has yet to be announced, but availability will begin through the Binance app and website. Binance remains the top crypto exchange by trading volume globally, with over $24 billion processed in 24 hours. The firm expects LDUSDT to increase user flexibility in managing margin while supporting ongoing yield accumulation.
Binance emphasized that risk controls remain in place and that user protection remains central to this product’s design. The company views LDUSDT as part of a broader strategy to blend earning potential with liquidity access for futures traders.