#GUSDYieldRisesto3.8%

GUSD Yield Jumps to 3.8%: A Stablecoin to Generate Passive Income Stablecoins are evolving beyond basic digital dollars, and an upgrade to GUSD means you can now also earn yield with it as well as just holding it digitally like dollars. GUSD is now able to mint 1:1 with USD1 and vice versa meaning that anyone can mint and redeem GUSD 1:1 for USD1. GUSD, as opposed to many common stablecoins, is collateralized with real-world assets (RWA) of U.S.

Treasury and the yield generation stems from U.S.

Treasury interest rate and Gate’s ecosystem revenues. Perhaps the most striking advantage of the upgraded GUSD will be the 3.8% annualized yield that you automatically earn on your holdings each day without ever having to manually claim it. On top of earn yield, you can deploy your GUSD to other wealth management products within the Gate Square ecosystem such as Gate’s Launchpool, Pre-IPO opportunities, etc and potentially get multiple layers of income on your stable asset, all the while knowing your asset is stably hedged against fiat currencies. With RWAs becoming more tokenized by the year, yield-bearing stablecoins like GUSD act as yet another compelling bridge between CeFi and DeFi.

They represent relatively less volatile assets that you can still utilize in the decentralized space to create another potential income stream for yourself.

Please always assess the risks involved and whether any investment aligns with your risk tolerance and investment objectives. What are your views on yield-bearing stablecoins like GUSD becoming the next big trend vs common dollar pegged stablecoins like USDC & USDT? Let us know in the comments below!

‍#Stablecoins #RWA #GateSquare