Gate News, according to the official announcement from Gate on July 7, 2026, Gate GUSD now supports minting with USD1. Users can stake USDT, USDC, or USD1 to mint GUSD at a 1:1 ratio, and holding GUSD entitles them to an annualized yield of 3.8%.
GUSD is a principal-protected demand financial product. It is supported for trading and collateralization, and users can earn an annualized yield every day. Interest starts accruing from the second day after subscription and is distributed in GUSD before 20:00 (UTC+8) on the day following the interest accrual start.
Users can utilize GUSD to participate in financial products such as Launchpool and Pre-IPOs, simultaneously enjoying the corresponding product yields and GUSD minting yields during the investment period. For redemption, users can redeem GUSD at any time, and the assets will be automatically returned in the form of USDT, USDC, or USD1. Fast redemption typically arrives within 5 minutes after the application is submitted, while standard redemption arrives on D+3 day after the application is submitted.