#GUSDYieldRisesto3.8%

GUSD Upgrade: 1:1 USD1 Minting & 3.8% Annual Yield Stablecoins no longer refer to simple payment methods; the new GUSD upgrade adds the element of user choice between the two. The improved minting mechanism allows for 1:1 minting against USD1 and enables users to convert approved assets into GUSD in exchange. Apart from USD1, users can get the benefits of a stable 1:1 mint with USDT and USDC.

But that is not all: a key highlight is that holders can enjoy as high as 3.8% annual yield from US Treasury RWAs combined with Gate Ecosystem’s generated revenue.

Daily payouts are auto-reinvested with automatic compound effects, so you don’t need to do manually anything for rewards. Moreover, GUSD is ready for a multitude of products in the ecosystem. Holders can avail benefits from Gate Square’s Launchpool and P-IPOs among others while already hodling this Treasury back stablecoin. This enhances the use-case scenario of the token and ensures users aren't idle holders.

With RWA taking centrestage globally, products powered by traditional asset-backed funds are undoubtedly key elements in the digital asset space.

Leveraging the convenience of on-chain access and traditional guarantees ensures one gets it all: stability alongside being a part of Web3. Like always investors must evaluate terms, structure and associated risks, and then participate in a yield strategy. With built in yield and US Treasury backed reserves, do you think will Treasury-backed stablecoins the next hot token to look for?

Or will you still pick your traditional ones.

‍#RWA #GateSquare