List of Flash News about USDC 1:1 swap
Time | Details |
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2025-05-27 17:30 |
Bitget Launches BGUSD: 4% APR Yield Stablecoin Offers USDC 1:1 Swap and DeFi Utilities
According to @EmberCN on Twitter, Bitget has introduced BGUSD, a yield-generating stablecoin offering a 4% APR sourced from US Treasury yields. BGUSD is fully redeemable 1:1 for USDC, providing a seamless on-ramp for stable returns. The token is further empowered by Bitget, enabling its use in staking, lending, as futures margin, and in Launchpool opportunities, potentially increasing liquidity and driving DeFi adoption on the Bitget platform (Source: @EmberCN, May 27, 2025). This development is expected to attract traders seeking both stable yields and flexible DeFi applications, impacting stablecoin flows and overall crypto market liquidity. |