Binance Enters the Prediction Market! Binance Wallet Launches "Event Trenches," Supporting USDT Betting on Real-World Events

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The prediction market welcomes a super heavyweight into the arena! Binance officially released an announcement yesterday (the 25th), declaring the integration of a brand-new feature "Event Rush" into Binance Wallet. Users can now directly use USDT to trade the outcomes of real-world events such as "sports matches, cryptocurrency price predictions, and global news" — just like trading coins. (Previous context: Prediction markets face another crackdown! Indonesia blocks Polymarket, all because the betting pool on President Prabowo stepping down crossed the red line) (Background supplement: The U.S. House of Representatives launches a thorough investigation into insider trading on prediction markets Polymarket and Kalshi, aiming to prevent officials from profiting through "state secrets") Amid the explosive boom of prediction markets, Binance, the world's largest cryptocurrency exchange, has now officially announced its entry into this vast blue ocean market. Binance released its latest announcement yesterday (May 25, 2026), declaring that its Binance Wallet has officially launched a brand-new feature called "Event Rush." This innovative feature will allow users to trade and place bets on the outcomes of real-world events, covering popular sports match results, cryptocurrency price target predictions, and the latest major global news. 🚀Event Rush is officially live! Turn real-world hotspots in sports, crypto, news, and more into tradable event tokens — all tradable, all on-chain, powered by the @42space protocol. ✅ Trade events like trading Memes: hotspots become assets, sentiment becomes price action, volatility becomes opportunity ✅ Open and close positions anytime, no need to hold until the event ends ✅ Before the outcome is revealed, you can profit from price fluctuations… pic.twitter.com/ORNebt7fYw— Binance Chinese (@binancezh) May 25, 2026 Trading "Event Outcomes" Like Trading Tokens According to the announcement, the core operating logic of Event Rush is to transform every real-world event into tradable "Event Tokens." For example, users can buy and sell outcome tokens representing "Yes" or "No," and the prices of these tokens will continuously fluctuate along with market expectations and participant sentiment, until the event reaches its final outcome. To ensure transparency and decentralization of transactions, Event Rush boasts the following key highlights: - Fully on-chain experience: This feature is powered at the underlying level by the 42.space protocol and deployed on Binance's own BNB Chain (BSC), enabling decentralized trading and automated settlement via smart contracts. - Trading with stablecoins: Users can directly use the mainstream stablecoin USDT on the BSC network to buy and sell event tokens. - Seamless wallet integration: Users do not need to go through tedious registration on third-party platforms — they simply need to enter the dApp section within Binance Wallet to launch Event Rush with one click. Storming the Prediction Market While Strictly Adhering to KYC Compliance Ever since prediction market platforms like Polymarket shone brightly during major political and economic events, "tokenizing real-world events" has become one of the most promising tracks in Web3. By embedding this feature directly into its Web3 wallet, which holds enormous traffic, Binance is undoubtedly aiming to leverage its massive user base to rapidly seize dominance in this emerging field. However, given the vast differences in regulations on gambling and prediction markets across countries, Binance has continued to strictly uphold compliance standards while promoting the new feature. The announcement specifically emphasized that Event Rush is only available to Binance Wallet users who have completed KYC (real-name verification), and certain regions with regulatory restrictions will be blocked. The officials also reminded investors that prediction market trading involves a high degree of risk, and participants must do their own research (DYOR) and comply with local laws and regulations before participating.

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