Bitget launches Cash Plus with 4% APR on USDT and USDC

The stablecoin yield product offers daily compounding, instant 1:1 redemptions and zero fees, with Unified Trading Account integration planned in the third quarter.

USDT
USDC

Summary

Bitget has launched Cash Plus, a platform-level stablecoin yield product initially supporting USDT and USDC. The product offers daily compound returns, 1:1 instant redemption, real-time fund arrival and zero fees. Its launch-stage reference yield is 4% APR, though that rate will adjust with market conditions. Bitget also plans to connect Cash Plus with its Unified Trading Account in the third quarter, allowing balances to be used as trading margin.

Terms & Concepts
  • stablecoin yield product: A service that offers returns on stablecoin holdings.
  • APR: Annual percentage rate, a yearly reference yield.
  • trading margin: Funds used as collateral for trading positions.