#GUSDYieldRisesto3.8%

💰 GUSD Now Mints From USD1 at 3.8% APR Backed by US Treasuries. This Matters More Than Usual On the Most Volatile Day of July

Today is Thursday, July 9. Iran struck 85 US sites in the Gulf overnight and this triggered a big sell-off around the world. The price of Bitcoin is down 2.4% to $62,084. Ethereum is down 2.74%. Solana is down 4.72%. The price of oil is going up. The Fear and Greed index is moving back to fear. Last week we had a big recovery from the NFP shock but now we have a new problem with Iran and it is making things very uncertain.

In this situation. With a lot of volatility and big events coming up like the Iran oil waiver expiring on July 17 and the SKHY listing tomorrow which could affect assets. It is worth understanding how GUSD works.

GUSD is a stablecoin that is backed by US Treasuries. The yield on GUSD is 3.8% APR compounded daily and reinvested automatically. This yield comes from two sources: US Treasury exposure and revenue from the Gate ecosystem. This is not like yields that depend on complex algorithms and can fail when things get tough. It is an safe way to earn money from US Treasuries and platform revenue and these two sources are not affected by what happens in the crypto market.

You can mint GUSD from USDT, USDC or USD1 with no extra costs or losses. The interest is added to your account every day automatically. It compounds automatically too.

What makes GUSD from other stablecoins is that you can use it in many products at the same time. This is especially valuable this week with the SKHY listing on Nasdaq tomorrow and other big events coming up. If Gate offers a PreIPO window or Launchpool opportunity connected to these events GUSD holders can participate immediately without having to unwind their base yield position.

The main benefit of GUSD is that it earns a 3.8% Treasury-backed yield, compounded daily while still being available to use in ecosystem opportunities. This is not the yield available. You can get 8.88% from USD1 staking. But GUSD offers flexibility and the ability to keep your capital working while staying positioned for other opportunities.

With the situation in Iran creating a lot of uncertainty and the SKHY listing tomorrow it is a time to consider GUSD. The yield is attractive compared to crypto investments and the flexibility of GUSD is valuable in this uncertain market.

So are you going to mint GUSD for the Treasury-backed 3.8% yield and the flexibility to participate in Launchpool opportunities or are you going to maximize your yield, with single-product staking and wait for things to calm down?

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