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Details: ht
#RWA# Nowadays, many stablecoins claim to be pegged 1:1 to the USD, but GUSD is different; it is backed by real-world assets (RWA) such as U.S. Treasury bonds. This means it is not only a stablecoin but also an interest-bearing asset.
RWA has become increasingly popular in Web3 over the past few years, essentially bringing traditional financial stable assets onto the blockchain. The design of GUSD is actually adding functionality to stablecoins. We are no longer just seeking stability; we can also earn yields.
I think this is a direction for the development of stablecoins, especially for those who do not want to take on too much risk but still want to participate in the crypto market; products like GUSD may become increasingly important.