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.