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I noticed a USDG wealth management event offering 12% interest for amounts under 100k USD, and the official institution currently subsidizes the loss from USDT-USDG flash swaps, essentially free money.
The most critical security concern is that USDG is a compliance-oriented institutional-grade stablecoin, issued by the first federally licensed crypto bank in the United States, superior to USDT and close to USDC. In just four months since launch, its circulation has exceeded 500 million USD.
It is said to be the core stablecoin asset for long-term strategic deployment, with more use cases to come. I'm joining in. #