According to @thedaoofwei, Binance is executing a major strategy by swapping all USDT holdings for RWUSD. This move allows Binance to collect a 50 basis point management fee indefinitely, essentially transforming the exchange into a stablecoin company without the operational burdens of traditional stablecoin management. The shift positions Binance as the default USD savings account for its users, which could significantly increase RWUSD’s trading volume and liquidity while reducing reliance on USDT. This change could impact stablecoin market dynamics, increase Binance's revenue streams, and influence stablecoin arbitrage and trading strategies across the crypto market (source: @thedaoofwei).