Bitget Expands into Real-World Assets with BGUSD, Offering Daily Yields and High Liquidity
VICTORIA, Seychelles, May 27, 2025 (GLOBE NEWSWIRE) — Bitget , the leading cryptocurrency exchange and Web3 company, has announced the launch of BGUSD, a yield-bearing stable asset certificate designed to enhance capital efficiency and provide passive income opportunities for users worldwide. BGUSD is fully integrated into the platform's trading and wealth management infrastructure, offering a multifaceted utility layer backed by real-world assets. BGUSD is redeemable for USDC at a 1:1 ratio and can be subscribed using USDC or USDT. Holding BGUSD provides users with an annualized yield starting at 4%, credited daily to their spot accounts based on their minimum daily balance. For the first 30 days following launch, a promotional APY of 5% will apply.
The asset derives its yield from a diversified basket of tier 1 tokenized real-world assets, including high-grade money market funds and tokenized US Treasury products. This disciplined yield structure is supported by a diversified asset allocation, institutional-grade infrastructure, and partnerships with multiple leading tokenization service providers, including Superstate (via their tokenized treasury fund USTB ).
'At Bitget, our mission has always been to prioritize our users' needs — whether they come from the crypto-native community, institutional circles, or traditional finance. With BGUSD, we are delivering a solution that bridges the best of both worlds: the transparency and innovation of crypto with the stability and yield opportunities traditionally found in real-world assets. We've built BGUSD to unlock passive income and make yield generation as seamless as holding a stablecoin. This launch is a new step in how we connect traditional finance's strengths with the agility of Web3 — and it's just the beginning,' said Gracy Chen, CEO at Bitget.
This structure positions BGUSD as a secure, yield-generating alternative within the platform, minimizing exposure to crypto market volatility while maintaining full liquidity through redemption options. Users can opt for instant redemptions, fulfilled from Bitget's reserve pool, or standard redemptions with settlement within three business days. Subscription and redemption fees are fixed at 0.1%.
More than a tool for preservation, BGUSD is built for active deployment and fully supports Bitget's broader ecosystem. It can be used as lending collaterals, futures margin, Launchpool, and PoolX. The asset's full-scenario usability contributes to enhanced capital retention and supports platform-level strategies aimed at generating stable, risk-adjusted returns. Through self-managed allocation and collaborations with reputable financial institutions, the product ensures diversification and mitigates concentration risk. By bridging traditional finance instruments with on-chain accessibility, BGUSD delivers a resilient solution in contrast to existing offerings, combining stable returns with full transparency.
For more information on BGUSD, visit here .
About Bitget
Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price , Ethereum price , and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.
Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
For media inquiries, please contact: [email protected]
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use .
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/179b25fe-1d19-467b-a3b2-bae3d42a37df
Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Upturn
2 hours ago
- Business Upturn
Unplugged Performance to Showcase Tesla Builds at Electrify Expo – North America's Largest EV Festival
LOS ANGELES, June 20, 2025 (GLOBE NEWSWIRE) — Unplugged Performance, the world leader in Tesla-focused performance upgrades, is headed to Electrify Expo, North America's premier electric vehicle lifestyle event. Taking place this weekend June 21st & 22nd, Electrify Expo invites EV enthusiasts, media, and families for an immersive look at the future of electrification. Unplugged Performance will be displaying four of its latest builds at the show, each with upgrades tailored for parts performance, durability, and everyday driving. Advertisement Tesla Model 3 Performance 'Red Rocket' Track Build Built to dominate the track and the streets, car features our: UP Race Pro Coilovers with Adaptive Canceller UP Carbon Fiber Front Aero Kit + Rear Dual Spoiler and Wing Set Up + Rear Spats and Diffuser 18×10.9 UP-03 Forged Wheels Yokohama ADVAN A052 295/35R18 Tires Satin Red 2026 Tesla Model Y Off-Road/Street Build Adventure-ready, this MY build includes our: UP 35mm Leveling Lift Kit Off-Road Spec 18″ UP-05 Forged Wheels Off-Road Sway Bar + End Links Yokohama GEOLANDAR Tires UP INVINCIBLE® Cybertruck Street Build The ultimate Tesla Cybertruck to take on anything on earth and beyond with: HD Front & Rear Bumpers, Bull Bar, Rock Sliders Carbon Fiber Hood w/ 50' LED Light Bar Side Sail Panel MOLLE Rack System 22' CYBRHEX Forged Wheels Yokohama GEOLANDAR Tires Quicksilver 2026 Tesla Model Y Off-Road/Street Build Ready for the streets, this MY build includes our: 22' UP Forged CYBRHEX Wheels Moderate option Dual Rate Lowering Springs Yokohama Parada Spex-X Tires Learn more about our products at Media Contact: Bryan Benitez [email protected] Photos accompanying this announcement are available at: Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Business Upturn
2 hours ago
- Business Upturn
XRP and DOGE are back with a bang, and the environmentally friendly cloud mining platform attracts millions of users with easy mining
Newark, New Jersey, June 20, 2025 (GLOBE NEWSWIRE) — XRP is back in the spotlight after winning a lawsuit against the U.S. Securities and Exchange Commission (SEC), while Dogecoin is also back in the spotlight due to renewed speculation about Elon Musk's cryptocurrency ambitions. As attention returns to mainstream digital assets, more mining companies are turning to solar and wind power to reduce costs and improve efficiency. This shift toward clean energy is driving the development of platforms like OPTO Miner, which leverage sustainable infrastructure to provide users with a smarter, more responsible way to mine cryptocurrency. In today's rapidly changing cryptocurrency market, cloud mining is quietly becoming an ideal choice for more and more investors, especially novices. There is no need to purchase mining machines, configure equipment, or bear high electricity bills or maintenance costs. Just select the appropriate computing power contract on the platform, and the system will automatically run and generate stable income, truly realizing 'easy to get started, continuous income'. So, what is cloud mining? Simply put, a professional platform completes the entire mining process on behalf of users. Users only need to pay the computing power fee to obtain daily income as agreed. Compared with traditional mining, this model greatly reduces the participation threshold while retaining the core advantage of continuous value-added. For those who do not want to be affected by market fluctuations and do not want to invest too much energy in equipment, the efficient cloud mining service provided by OPTO Miner is undoubtedly a more worry-free and stable way to earn passive income. Especially as the platform provides free trial contracts and green energy drive, cloud mining is becoming a new starting point for more and more investors to expand digital assets. Why choose OPTO Miner: OPTO Miner is a platform that is particularly friendly to beginners. It is easy to operate and has a clear interface, and you can quickly get started without any technical background. Even if you know nothing about cryptocurrency, you can start your mining journey smoothly. At present, the platform has hundreds of mining farms and more than one million devices around the world, all of which rely on clean energy to run, which is both environmentally friendly and efficient. It is this model that has attracted more than nine million users worldwide to join. Its appeal also lies in the fact that there is a generous passive income every day. There is no need to stare at the screen for a long time, and there is no need to make complicated settings to get a stable income, which is very friendly to those who want to make money through mining. In addition, OPTO Miner attaches great importance to safety. The platform adopts multiple protection measures to ensure the safety of user assets and promises open and transparent operations. All mines use renewable energy such as solar energy and wind energy, which not only reduces damage to the environment, but also brings more lasting returns to users. The platform also provides many benefits, such as a $15 registration bonus for new users, daily settlement of income, no hidden service fees, support for multiple mainstream cryptocurrency settlements, etc. You can also get generous referral rewards by recommending friends to join, plus 24-hour customer service and a stable system, making the entire mining experience easy and worry-free. Platform advantages: ⦁Get a $15 bonus immediately after signing up. No additional service fees or management fees. ⦁The platform supports multiple cryptocurrencies such as XRP, SOL, DOGE, BTC, LTC, ETH, USDC, USDT and BCH. ⦁The company's affiliate program allows you to refer friends and get up to $5,0000 in referral rewards. ⦁McAfee® security, Cloudflare® security, 100% uptime guarantee and excellent 24/7 live technical support. How to join OPTO Miner: Step 1: Register an account OPTO Miner provides a simple registration process, you only need to enter your email address and create an account to participate. After registration, users can immediately start mining Bitcoin and other cryptocurrencies. Step 2: Purchase a mining contract. Currently, OPTO Miner also offers a variety of mining contracts to choose from, such as $100, $500 and $1,000 contracts, each with a unique return on investment and a specific contract period. ( Please visit the official website to view the contract content) After purchasing a contract, you will receive your earnings the next day. When your earnings reach $100, you can choose to withdraw to your cryptocurrency wallet or continue to purchase other contracts. Website: Application: APP Download Email: [email protected] was founded in the UK in 2018 , focusing on compliant cloud mining. With data centers around the world and advanced intelligent computing systems, OPTO Miner has built a stable and efficient mining ecosystem. Currently, OPTO Miner serves more than 7 million users in more than 180 countries, providing low-threshold, sustainable income solutions for global cryptocurrency investors. Disclaimer: The information provided in this press release is not an investment solicitation, nor is it investment advice, financial advice, or trading advice. Cryptocurrency mining and staking involve risks. There is a possibility of financial loss. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Business Upturn
2 hours ago
- Business Upturn
XRP mining launches new application: available to users around the world
Los Angeles, California , June 20, 2025 (GLOBE NEWSWIRE) — As the world of digital finance continues to grow, cryptocurrency has become a global focus. However, the path to financial success in this field is often out of reach for the average person. Traditional cryptocurrency mining requires a large upfront investment, including high-performance hardware, deep technical knowledge, and ongoing system maintenance. But now, a revolutionary solution – a new application for XRP Mining has emerged. This innovative approach is more than just an investment option; it's a game-changing secret that can help everyday people achieve uOne of the most significant advantages of XRP mining is that it empowers ordinary people. It provides a low-threshold entry into the cryptocurrency market, allowing people to start with small investments and gradually accumulate their digital wealth. Whether it is a stay-at-home parent who wants to contribute to the family economy or a retiree who wants to supplement his pension, XRP mining can provide them with the opportunity to earn passive income. Key highlights of the new XRP Mining app: The new app provides a user-friendly interface to easily view mining contracts, track daily income, and manage investments. Built with top-notch security measures from McAfee® and Cloudflare®, the app ensures your digital assets are protected wherever you are. With 24/7 customer service and support in multiple languages, the app guarantees you uninterrupted access to mining operations. How to join XRP Mining? 1. Visit the official website , create an account using your email address and you will receive a $15 new user bonus upon successful registration. You can also earn 6 cents profit by logging in daily. 3. Multi-currency recharge channels: support BTC，XRP，USDT-TRC20， ETH，USDC, USDT-ERC20，LTC，BCH, DOGE, SOL and other stablecoins. 4. After you make a deposit on the platform and successfully select the appropriate contract, the system will automatically start mining immediately. During the entire mining process, you can view the income in real time through our platform, so that every income is clearly visible and under your control. 5. The contract income will be automatically credited the next day. When the account balance reaches $100, you can choose to withdraw to your digital currency wallet, or continue to purchase contracts to get more income. About XRP Mining XRP Mining is a compliant cloud mining company certified by the UK government regulator. Since its establishment, the company has rapidly grown into a leader in the global cloud mining field, with a service network covering more than 150 countries and regions and more than 5 million users. Conclusion Against the backdrop of increasing economic uncertainty and increasingly fierce competition in the crypto market, XRP Mining provides users with a smarter, more stable and more environmentally friendly way to make profits. Whether you are looking for short-term profits or long-term financial freedom, Ripple mining can provide you with a low-risk, efficient investment channel. Contact information: XRP Mining Email: [email protected] Official website: APP Download： Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. Cryptocurrency mining and staking involve risk. There is potential for loss of funds. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
