According to CoinMeta, Binance Wallet has announced the launch of a "no-deposit, no-interest" (from hold to earn) feature. Users who hold eligible stablecoins in their backed-up Binance private key wallets and activate this feature with one click can automatically earn income without the need for staking, locking their assets, or interacting with smart contracts. Moreover, their assets can be traded or transferred out at any time. The assets supported in the first phase and the estimated annualized yields include: U on BSC (1.5%), USDE on Ethereum (4.75%), and USDS on Ethereum (3.6%). Users can claim their rewards every Tuesday after 08:00 (Eastern Time Zone) on the asset page. All reward claims incur network gas fees.