Gate GUSD Total Issuance Exceeds $171M, Combined Annual Yield Hits 12.68% With Launchpool Rewards

GateNews
GUSD0.06%
CTR-0.43%

According to Gate's official page, the platform's GUSD total issuance has exceeded $171 million as of May 29. GUSD minting currently yields 3.0% annual returns, while the ongoing Launchpool CTR project's GUSD pool offers 9.68% annual returns. Users staking GUSD in the Launchpool simultaneously receive both minting and mining rewards, bringing the combined annual yield to 12.68%.

GUSD is a yield-bearing asset backed by Gate ecosystem revenue, real-world asset (RWA) treasury instruments, and stablecoin reserves. The product supports trading and staking, with daily reward distributions.

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