Bitget Introduces BGUSD, Yield-Bearing Stablecoin Backed by RWAs
- Bitget launched BGUSD, a stable asset certificate.
- Offers a 4% annual yield.
- Backed by tokenized real-world assets (RWAs).
- Includes money market funds and U.S. Treasuries.
- Announced on May 27, 2025.
- Redeemable for USDC at a 1:1 ratio.
The newly launched BGUSD by Bitget provides a stable asset certificate with a notable annual yield of 4%, supported by tokenized real-world assets like money market funds and U.S. Treasuries, announced on May 27, 2025. It is redeemable for USDC at an equal value ratio.
Source (2.6)https://news.bitcoin.com/crypto-exchange-bitget-debuts-yield-bearing-bgusd-backed-by-rwas/?rand=52384