Bitget Unveils BGUSD: A Yield-Generating Stablecoin Backed by Real-World Assets
Bitget, a leading cryptocurrency exchange, has launched BGUSD, a innovative yield-bearing stablecoin designed to provide users with daily passive income while maintaining stability. Pegged 1:1 to USDC, BGUSD offers high liquidity and seamless integration into Bitget’s trading and wealth management ecosystem. Users can subscribe to BGUSD using USDC or USDT, with the added benefit of earning an annualized yield. This move underscores Bitget’s commitment to expanding its product offerings and enhancing user experience in the digital asset space. The launch of BGUSD is set to attract both traders and investors looking for stable yet profitable opportunities in the crypto market.
Bitget Launches BGUSD, a Yield-Bearing Stablecoin Backed by Real-World Assets
Bitget has expanded its product suite with BGUSD, a stablecoin offering daily yields and high liquidity. The token is fully integrated into the platform’s trading and wealth management ecosystem, providing users with a seamless way to earn passive income while maintaining exposure to stable assets.
BGUSD is pegged 1:1 to USDC and can be subscribed using either USDC or USDT. Holders earn an annualized yield starting at 4%, distributed daily based on minimum balance. An introductory promotional APY of 5% will be available for the first 30 days post-launch.
The yield mechanism is supported by a diversified portfolio of tokenized real-world assets, including money market funds and US Treasury products. Bitget’s institutional-grade infrastructure and partnerships with leading tokenization providers underpin the product’s disciplined yield structure.
Bitget Lists Ripple’s RLUSD Stablecoin, Bolstering Institutional Crypto Adoption
Bitget has positioned itself at the forefront of regulated stablecoin adoption by listing Ripple’s RLUSD, a USD-backed stablecoin issued under New York regulatory oversight. The exchange announced the spot trading launch alongside a promotional airdrop, signaling aggressive market positioning in the compliance-driven digital asset sector.
RLUSD distinguishes itself through dual-chain native issuance on XRP Ledger and Ethereum, combining Ripple’s institutional credibility with blockchain interoperability. "This isn’t just another stablecoin - it’s a regulated instrument meeting enterprise treasury requirements," emphasized Bitget CEO Gracy Chen, highlighting the NYDFS trust charter as a key differentiator.
The listing reflects growing institutional demand for compliant dollar proxies in crypto markets. With segregated USD reserves and transparent reporting, RLUSD enters a competitive landscape dominated by USDC and USDT, but with distinct regulatory advantages for cross-border settlements.