Bitget Launches BGUSD: Yield-Bearing Stable Asset
Bitget Launches BGUSD: A Yield-Bearing Stable Asset
Crypto exchange Bitget has announced the launch of BGUSD, a yield-generating stable asset certificate. This new offering aims to provide users with secure and accessible passive income opportunities through tokenized real-world assets (RWAs).
Key Features of BGUSD
- Daily yields: Up to 5% annual percentage yield (APY) during a promotional period, settling at a base yield of 4% or more.
- Backing: Fully backed by a diversified basket of tier-1 tokenized RWAs, including high-grade money market funds and tokenized US Treasuries, sourced through partnerships with institutional providers like Superstate.
- Redemption: Each BGUSD is redeemable 1:1 for USDC, with options for instant or 3-day redemption.
- Ecosystem Integration: Supports Bitget's ecosystem features, including lending collaterals, futures margin, Launchpool, and PoolX.
Bitget's CEO, Gracy Chen, stated, "With BGUSD, we are delivering a solution that bridges the best of both worlds: the transparency and innovation of crypto with the stability and yield opportunities traditionally found in real-world assets."
Market Context
The launch of BGUSD comes at a time of significant growth in the tokenized RWA market. Tokenized US Treasury assets have surpassed $1.5 billion, showing 600% annual growth, while stablecoin circulation has reached over $160 billion (data from RWA.xyz and CoinGecko, Q1 2025).
Benefits for Users
BGUSD offers users stable, real-world yields within the crypto ecosystem. It provides capital-efficient exposure to dollar-based returns and helps users maintain purchasing power without the volatility of the broader crypto market. Fixed subscription and redemption fees are set at 0.1%.
Bitget's Commitment to Innovation
This launch further positions Bitget as a bridge between traditional finance and decentralized finance (DeFi), offering innovative on-chain financial instruments. It's a practical model for bringing yield-bearing instruments to the blockchain.
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