#GUSD
The GUSD stablecoin from the GATE exchange is a fundamentally new tool that combines the functions of a classic stablecoin and a yield-generating investment product. Below is a detailed analysis of how it works, its backing, and its risks.
How GUSD Works and What Backs It
The main difference between GUSD and ordinary stablecoins (such as USDT or USDC) is that it is a yield-bearing certificate. You receive GUSD in exchange for deposited USDT or USDC, and it starts generating daily yield.
Its backing and sources of yield are hybrid and include three main components:
· Tokenized US Treasur