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Gate GUSD minting volume exceeds $120 million, backed by real assets such as US Treasury bonds
2hours ago

According to the latest data from Coingecko, Gate's recently launched RWA yield-based stablecoin GUSD has exceeded US$120 million in minting volume since its official launch on August 29. As an investment certificate backed by real assets such as US Treasury bonds, GUSD not only provides stability, but also has the characteristic of increasing in value over time. Users can receive the principal and accumulated income in one lump sum when redeeming.

Unlike traditional stablecoins used solely for payments, GUSD offers users an annualized return of approximately 4.4% thanks to its dual advantages of "stable returns + flexible applications." It is also integrated into Gate's diverse ecosystems, including spot trading, Launchpool, and Earn. CoinGecko noted that the emergence of GUSD not only provides a low-risk return channel for crypto users but also highlights Gate's innovative position in the stablecoin and RWA sectors, promising to become a new hub connecting compliant finance and Web 3 applications.