GUSD

GUSD is a yield-bearing stablecoin issued within the Gate ecosystem, designed for users who want to hold a dollar-pegged digital asset while earning a return on that position. It addresses the problem of idle stablecoin balances earning nothing by routing revenue from the Gate platform, tokenized real-world assets such as US treasury bills, and other stablecoin-backed yield sources back to holders in the form of daily rewards. It is intended for anyone seeking a stable unit of account that also participates in the income generated by the ecosystem behind it.

A user deposits USDT or USDC, which are then used to mint GUSD at a one-to-one ratio, with GUSD functioning as a yield-bearing certificate representing that deposited value without conferring ownership of the underlying assets. The annual percentage rate is adjusted dynamically based on revenues from the Gate ecosystem and returns from tokenized real-world instruments. Upon redemption, GUSD converts back to USDT or USDC at a one-to-one ratio, though redemption fees apply; no consensus algorithm or independent block time is associated with the token itself, as it settles on whatever network hosts it.

Revenue flowing into the yield distributed to GUSD holders comes from three stated sources: Gate ecosystem operating revenues, tokenized treasury and other real-world asset returns, and stablecoin-backed yield assets. Redemption fees are charged to users when they exit their position, though the exact fee schedule is not stored in the data provided here. The circulating supply stands at 149,790,000 tokens against a market capitalization of 149,460,120 USD at the time of this snapshot, and the stablecoin circulating figure recorded is 319,193,354.31, which is broader than the market-cap figure and reflects a wider supply measure tracked separately. The 30-day stablecoin supply change is recorded at 0.0, indicating no net change in that supply figure over the most recent 30-day period.