Binance confirmed in an announcement this afternoon that it will be launching more USDT futures contracts for traditional assets on the platform.
Previously, Binance launched gold and silver futures contracts on its TradFi platform. The advantage of these contracts is that they can be traded and settled using the stablecoin USDT, lowering the account opening and verification thresholds for traditional forex futures platforms.
It is expected that futures contracts for popular assets such as crude oil, copper, and aluminum will be available soon.