Bitget Launches BGUSD Offering 5% APY on Stable Asset

Bitget, a prominent cryptocurrency exchange and Web3 company, has introduced BGUSD, a yield-bearing stable asset certificate. This new asset is designed to enhance capital efficiency and provide passive income opportunities for users globally. BGUSD is fully integrated into Bitget’s trading and wealth management infrastructure, offering a multifaceted utility layer backed by real-world assets.

BGUSD is redeemable for USDC at a 1:1 ratio and can be subscribed using USDC or USDT. Users holding BGUSD will receive an annualized yield starting at 4%, credited daily to their spot accounts based on their minimum daily balance. For the first 30 days following the launch, a promotional annual percentage yield (APY) of 5% will be applied.

The yield from BGUSD is derived from a diversified basket of tier 1 tokenized real-world assets, including high-grade money market funds and tokenized US Treasury products. This disciplined yield structure is supported by a diversified asset allocation, institutional-grade infrastructure, and partnerships with multiple leading tokenization service providers, including Superstate (via their tokenized treasury fund USTB).

Gracy Chen, CEO at Bitget, emphasized the company’s mission to prioritize user needs, whether from the crypto-native community, institutional circles, or traditional finance. With BGUSD, Bitget aims to bridge the transparency and innovation of crypto with the stability and yield opportunities traditionally found in real-world assets. The launch of BGUSD is seen as a step towards connecting traditional finance’s strengths with the agility of Web3, offering a solution that unlocks passive income and makes yield generation as seamless as holding a stablecoin.

BGUSD is positioned as a secure, yield-generating alternative within the platform, minimizing exposure to crypto market volatility while maintaining full liquidity through redemption options. Users can opt for instant redemptions, fulfilled from Bitget’s reserve pool, or standard redemptions with settlement within three business days. Subscription and redemption fees are fixed at 0.1%.

Beyond being a tool for preservation, BGUSD is built for active deployment and fully supports Bitget’s broader ecosystem. It can be used as lending collaterals, futures margin, Launchpool, and PoolX. The asset’s full-scenario usability contributes to enhanced capital retention and supports platform-level strategies aimed at generating stable, risk-adjusted returns. Through self-managed allocation and collaborations with reputable financial institutions, the product ensures diversification and mitigates concentration risk. By bridging traditional finance instruments with on-chain accessibility, BGUSD delivers a resilient solution in contrast to existing offerings, combining stable returns with full transparency.

Bitget, established in 2018, is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to cryptocurrency prices. Bitget Wallet, formerly known as BitKeep, is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, including its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in various markets, as well as a global partner of Turkish National athletes. The company aims to inspire the global community to embrace the future of cryptocurrency.

For more information on BGUSD, visit the official Bitget website. For media inquiries, please contact media@bitget.com. Investors are advised to only allocate funds they can afford to lose, as digital asset prices are subject to fluctuation and may experience significant volatility. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice.