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I saw a USDGO investment activity, with 12% interest for amounts below 100k USDT, and the USDT-USDGO flash exchange is currently subsidized by the official, effectively making it a freebie.
The most critical security issue is that USDGO is a compliance-oriented institutional-grade stablecoin, the first federally chartered crypto bank in the United States issued, better than USDT, close to USDC, with a circulation of over 500 million USD in just four months.
It is said to be the core asset for long-term strategic layout of stablecoins, with more ways to play. I am participating.