Bitget Launches BGUSD Offering 4% Annual Yield

Bitget, a prominent crypto exchange, has unveiled BGUSD, a yield-generating stable asset certificate. This new product is designed to provide global users with a secure and efficient method to earn passive income. BGUSD is seamlessly integrated into Bitget’s trading and wealth management infrastructure, allowing users to redeem it for USDC at a 1:1 ratio and subscribe using USDC or USDT.

Holders of BGUSD will receive an annualized yield starting at 4%, which is credited daily to their spot accounts based on their minimum daily balance. For the first 30 days, there will be a promotional APY of 5%. The yield for BGUSD is derived from a diversified basket of tokenized real-world assets, including prominent money market funds and tokenized US Treasury products. This diversified asset allocation, combined with institutional-grade infrastructure and partnerships with tokenization service providers, supports the yield structure.

Users can utilize BGUSD as lending collateral, futures margin, Launchpool, and PoolX, making it a versatile asset within Bitget’s ecosystem. The asset’s full-scenario usability contributes to enhanced capital retention and supports platform-level strategies aimed at generating stable, risk-adjusted returns.

The launch of BGUSD marks a significant shift towards integrating real-world assets into the crypto ecosystem. This move provides users with a new avenue for earning passive income while maintaining the stability and security of a stable asset. Bitget’s introduction of BGUSD underscores the growing trend of crypto exchanges expanding their offerings to include real-world asset-backed products, catering to the increasing demand for yield-generating investments in the crypto space.