Bitget has introduced BGUSD, a new yield-generating stable asset backed by tokenized real-world assets such as money market funds and U.S. Treasury products. The asset provides users with daily yields up to 5% APY for the first 30 days and an annualized yield starting from 4% thereafter. BGUSD is fully integrated into Bitget’s trading and wealth management infrastructure, allowing subscriptions through USDC or USDT at a 1:1 redemption ratio with USDC.
The yield is derived from diversified tokenized instruments and supported by partnerships with regulated institutional tokenization providers like Superstate and the tokenized treasury fund USTB, which manages $274 million in short-duration U.S. Treasuries. Bitget ensures liquidity by directly managing a reserve pool including stable assets such as USDC, enabling instant redemption backed by Bitget’s reserves or standard redemption with a three-business-day settlement.
Subscription and redemption fees for BGUSD are set at 0.1%. The product can be used within the Bitget ecosystem for lending collaterals, futures margin, Launchpool, and PoolX. Bitget CEO Gracy Chen emphasized that BGUSD bridges crypto innovation and transparency with the stability and yield of traditional real-world assets while maintaining core principles of transparency and accountability through forthcoming third-party attestations.
This launch positions Bitget within the growing yield-bearing stablecoin sector, which has expanded from $1.5 billion at the beginning of 2024 to $11 billion in May 2025. Regulatory clarity in the U.S., including SEC approval for similar products and favorable legislative proposals, has fueled this growth. Bitget also highlighted a significant increase in its spot trading volume by 160% in Q1 2025, reflecting growing user adoption and platform activity.