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Crypto

Binance adds asset management support for 11 U.S. bond ETFs, expands push into traditional finance

Cryptocurrency exchange Binance has launched an asset management service that includes 11 U.S.-listed exchange-traded funds, according to Cointelegraph. The ETFs invest in short-term U.S. Treasuries and investment-grade corporate bonds. The service is offered through Binance Earn and is divided into cash management, stable income and enhanced yield based on investment period. Users buy actual ETF shares, while order routing, execution and custody are handled through existing brokerage infrastructure.

Crypto

Binance to list Ripple USD stablecoin RLUSD

Binance will list Ripple’s stablecoin RLUSD (Ripple USD), CoinPost reported on Wednesday. It will offer three spot trading pairs: RLUSD/USDT, RLUSD/USDC and XRP/RLUSD, with trading available from Jan. 21. Deposits are available immediately and withdrawals will be supported from Jan. 23. Binance will add RLUSD as a portfolio margin asset and include it in Binance Earn products.

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