Deposits of USDe on the Binance platform have surged significantly to 727 million coins.

BlockBeats News, September 23rd, according to Dune data, since yesterday's announcement by Binance to launch a USDe activity with a 12% annual percentage yield (APY), USDe deposits on the Binance platform have surged to 727 million.

On September 9th, USDe deposits on Binance were only 21.09 million, and on September 21st, they reached 88.1 million.

BlockBeats previously reported that Binance announced yesterday the launch of a limited-time USDe reward plan. During the event, eligible users holding a minimum of 0.01 USDe in their Binance accounts for at least 24 hours can enjoy a 12% APY reward.