TechFlow news, on May 27, Bitget officially launched its yield-bearing asset receipt BGUSD, offering investors a new option combining liquidity, stability, and returns. The yield of BGUSD comes from a diversified portfolio of real-world assets (RWA), including money market funds and tokenized U.S. Treasuries, supported by multiple tokenization service providers including Superstate.
Users can exchange USDC for BGUSD at a 1:1 ratio, or participate in subscriptions using USDT. Yields will be distributed directly in the form of BGUSD to users' Bitget spot accounts, with daily compounding interest. The base annual percentage rate (APR) is 4%, with an introductory rate of 5% APR available within the first 30 days of launch. Additionally, BGUSD can be used across various scenarios on the Bitget platform, including staking, lending, futures margin, Launchpool, and PoolX, further enhancing capital flexibility and utilization efficiency.
