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Bitget Launches BGUSD Stablecoin Offering, Bridges DeFi and TradFi

  • Bitget has launched a new stablecoin called BGUSD, backed by real-world assets, offering up to 5% APY with an early bird promo of 5% yield for 30 days.
  • Users can access BGUSD using stablecoins like USDC or USDT, swap back 1:1 for USDC, and earn passive income without locking up their funds.
  • Bitget aims to bridge the gap between traditional finance and the crypto world by providing tools that are fresh but based on solid financial fundamentals.
  • In addition to BGUSD, Bitget introduced a 1 million BGB staking pool offering a 5% APY with a 90-day lock-up period, limiting 2,000 BGB per user and providing access to airdrops.

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