#GUSDYieldRisesto3.8% refers to a recent crypto product update in which Gate's GUSD stablecoin minting/yield program increased its advertised annual yield to 3.8% APR. Users can mint GUSD from USDT or USDC at a 1:1 ratio, earn daily rewards, and redeem back without redemption fees, according to the announcement.



Key points:

Yield: 3.8% APR (advertised)

Asset: GUSD, a USD-pegged stablecoin within the Gate ecosystem

Funding: Mint GUSD using USDT or USDC at a 1:1 ratio

Liquidity: Flexible redemption back to USDT or USDC without redemption fees

Yield source: Reportedly backed by tokenized U.S. Treasury RWAs and other yield-generating assets within the platform's ecosystem.

If you're considering participating, it's worth evaluating:

Whether the 3.8% APR is fixed or variable.

The counterparty/platform risk involved (this is not the same as holding cash in a bank).

The terms governing redemptions, reserves, and custody.

While a 3.8% yield is attractive for a stablecoin product, the return should always be weighed against the platform and issuer risks, which differ from traditional insured savings accounts.
GUSD0.03%
USDC0.01%
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