- Bitget has announced the introduction of BGUSD, a income-loving stable asset certificate
- BGUSD is fully integrated into the trading infrastructure of the platform and offers a varied benefit that is supported by real-world assets
Bitget Has announced the introduction of BGUSD, a profitable stable asset certificate that has been developed to improve capital efficiency and to offer users worldwide passive income options.
BGUSD can be redeemed in a ratio of 1: 1 against USDC and can be drawn with USDC or USDT. Holding BGUSD offers users an annual yield of 4 %, which is credited to your spot account every day based on the daily minimum balance. In the first 30 days after the introduction, an APY of 5 %applies.
The asset receives its earnings from a diversified basket of animal-1 tokenized real-world assets, including first-class money market funds and token -ized US trasury products. This disciplined earnings structure is made through a diversified asset allocation, institutional infrastructure and partnerships with several leading tokenization service providers, including superstate (via his tokenized treasury find USTB), supports.
This structure positions BGUSD as a secure, yielding alternative within the platform, which minimizes the risk of volatility of the cryptoma market and at the same time maintains full liquidity through redemption options. Users can opt for immediate redemptions that are fulfilled from Bitget’s reserve pool, or for default solutions with billing within three working days. The drawing and redemption fees are set to 0.1 %.
BGUSD is more than one tool for preservation, it is designed for active use and fully supports the Bitget ecosystem’s wider. It can be used as a loan security, margin for futures, launch pool and pool. The comprehensive usability of the asset contributes to improved capital retention and supports strategies at platform level that aims at the achievement of stable, risk -packed income.
“At Bitget, it has always been our goal to put the needs of our users in the foreground-whether they come from the crypto-native community, institutional circles or from traditional finance. With BGUSD we offer a solution that combines the best of both worlds: the transparency and innovation of cryptocurrencies with the stability and the earnings opportunities, which traditionally in real-world-assets can be found.
so Gracy Chen, CEO from Bitget.
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