Bitget Unveils BGUSD: A High-Yield RWA-Backed Stablecoin with 5% APY Launch Promotion
Bitget has launched BGUSD, a innovative yield-generating stablecoin backed by tokenized real-world assets (RWAs) such as money market funds and U.S. Treasury products. This new offering provides daily yields with an annualized rate starting at 4%, and features an attractive promotional 5% APY for the first 30 days. BGUSD is fully integrated into Bitget’s trading and wealth management ecosystem, allowing users to redeem it 1:1 for USDC or subscribe using USDC and USDT. This move positions Bitget as a forward-thinking player in the crypto finance space, bridging traditional finance with digital assets through RWA-backed solutions.
Bitget Launches BGUSD with 5% APY, Tapping into RWA-Backed Yields
Bitget has introduced BGUSD, a yield-generating asset backed by tokenized real-world assets including money market funds and U.S. Treasury products. The product offers daily yields with an annualized rate starting at 4%, featuring a promotional 5% APY for the first 30 days.
BGUSD is fully integrated into Bitget’s trading and wealth management ecosystem. Users can redeem it 1:1 for USDC or subscribe using USDC and USDT. Yields are credited daily to users’ spot accounts based on their minimum daily balance.
Three Crypto Assets to Watch Entering June: Litecoin, Bitget, and Mantix
As markets transition into Q3, investor attention is shifting toward select digital assets with strong growth potential. Litecoin (LTC), often overshadowed in recent years, shows signs of renewed momentum as traders revisit established proof-of-work chains. The token’s upcoming halving event and improving on-chain metrics suggest a possible resurgence.
Bitget’s native exchange token (BGB) continues gaining traction amid the platform’s expanding derivatives market share. The exchange’s aggressive product development and user acquisition campaigns position BGB as a proxy for growing Asian retail participation.
Newcomer Mantix (MTX) is drawing presale interest for its decentralized exchange architecture, though early-stage projects carry inherent execution risks. The protocol’s tiered liquidity incentives aim to address the cold-start problem plaguing new DEX launches.