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On April 6, weeks before UST collapsed, Binance promoted the stablecoin on Telegram as a "High Yield, Safe & Happy Earn" investment with an annual ~20% yield (Financial Times)


Financial Times:

On April 6, weeks before UST collapsed, Binance promoted the stablecoin on Telegram as a “High Yield, Safe & Happy Earn” investment with an annual ~20% yield  —  World’s biggest crypto exchange marketed stablecoin lending scheme offering nearly 20% yield



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