Gate.io Turns Stablecoin into Profit Engine with 8.63% APY Staking Offer

Gate.io has launched its 304th Launchpool, offering users the opportunity to stake GUSD, its stablecoin pegged to the U.S. dollar, in exchange for annualized yields of 8.63% [1]. As of the launch date, the total amount of GUSD minted has reached 12.435 million, indicating growing adoption and trust in the asset within the crypto ecosystem [1]. The staking mechanism allows users to earn passive income while retaining the stability of a USD-pegged token, a feature that has attracted both retail and institutional participants.

The launch of this pool reflects Gate.io’s ongoing efforts to enhance user engagement through competitive yield opportunities. GUSD, which operates on multiple blockchains including Ethereum, BNB Chain, and Polygon, has consistently maintained a 1:1 peg to the U.S. dollar, ensuring price stability amid market volatility [1]. The platform’s decision to offer staking rewards underscores a broader industry trend of leveraging stablecoins to generate returns while maintaining exposure to a low-risk asset class.

In recent months, Gate.io has seen a steady increase in the total value locked (TVL) in its Launchpool program. This growth is partly attributed to the platform’s user-friendly interface, robust security protocols, and the introduction of various tokens with attractive yields. The 8.63% APY for GUSD is particularly competitive within the stablecoin staking space, drawing comparisons to similar offerings on centralized and decentralized finance (DeFi) platforms [1].

Industry analysts have noted that the continued expansion of stablecoin staking programs highlights the evolving role of stablecoins in the broader crypto market. These instruments are increasingly being used not only as a means of value transfer but also as tools for yield generation and risk management. With the global stablecoin market now exceeding $150 billion in total circulation, platforms like Gate.io are positioning themselves at the forefront of this financial innovation [1].

The 304th Launchpool also demonstrates Gate.io’s commitment to expanding its product suite to meet the diverse needs of its global user base. By offering a combination of high-yield staking and a reliable stablecoin, the platform is reinforcing its position as a key player in the crypto derivatives and trading space. This strategy aligns with the broader trend of crypto exchanges diversifying beyond traditional trading services to include DeFi-like functionalities.

Gate.io’s GUSD staking program is expected to continue gaining traction as more users seek secure and profitable alternatives to traditional banking products. While the platform has not provided an official timeline for the duration of the 8.63% APY offer, historical data suggests that such rates tend to decrease over time as more participants join the pool [1]. Users are advised to monitor yield changes and liquidity conditions to optimize their returns.

Source: [1] GUSD Staking on Gate.io’s 304th Launchpool Offers 8.63% APY as Total GUSD Minted Reaches 12.435M (https://gate.io)