GUSD
GUSD
$0.998164
Current Price
-0.04%
24h Change
Info
GUSD
Symbol
$319.41M
Fully Diluted Valuation
$149.51M
Market Cap
213
Market Rank
320.00M
Total Supply
$2.05M
Total Volume
$0.999129
24h High
$0.997881
24h Low
About GUSD
GUSD is a stable, yield-generating investment vehicle aimed at providing consistent returns regardless of market volatility. It is intricately tied to the Gate ecosystem, leveraging revenue streams from tokenized treasuries, real-world assets (RWA), and stablecoin-backed investments to deliver daily rewards. This token addresses the demand for reliable yield opportunities in the crypto space, allowing users to stake USDT or USDC to mint GUSD, which acts as a yield-bearing certificate. Importantly, GUSD maintains a 1:1 redemption ratio with USDT or USDC, though redemption fees apply, and dynamically adjusts its annual percentage rate (APR) based on the underlying ecosystem revenues. Technologically, GUSD is designed for seamless integration within DeFi platforms, offering real-world financial instruments' stability and predictability. It supports collateralization, enhancing its utility in decentralized finance. The token's robust architecture ensures that it can be traded freely while providing a hedge against market swings, making it an attractive option for developers and investors seeking steady returns. With its solid market position and strategic partnerships within the Gate ecosystem, GUSD is well-positioned to facilitate a stable yield-bearing experience in the blockchain space.
Start trading GUSD (GUSD) on Backpack Exchange with competitive fees and advanced trading tools.
FAQ
Information on this page is provided for informational purposes only and does not constitute investment advice. This is not a recommendation to buy or sell any digital asset or to employ any particular investment strategy. Backpack makes no representation as to the accuracy, suitability, or validity of the information provided.
Certain content is sourced from third parties not affiliated with Backpack. Backpack is not responsible for such content, nor is it liable for any errors, delays, or actions taken in reliance on it. Prices and data are for illustrative purposes only and may differ from actual market values. Digital assets involve significant risk and can fluctuate substantially. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition, and consult your own professional advisors for legal, tax, or investment guidance.
Buy GUSD with the Backpack App
Download Backpack to buy, sell and manage your crypto on the go
Top Movers
