Bitget Wallet launches an innovative stablecoin financial product with a long-term annualized return of 10%, supporting second-level redemption.

PANews September 9th news, according to official news, Bitget Wallet announced the launch of a minimalist financial product "stablecoin financial management Plus" with a long-term annualized return of 10%. There is no subscription threshold, no regional restrictions, and users can deposit and withdraw at any time, with redemption arriving in seconds, with the first annualized return reaching 18%. Compared to the yield products of exchanges and other hosted wallets, Bitget Wallet's "stablecoin financial management Plus" yields are almost double that of similar products. This product collaborates with the leading lending protocol Aave, channeling users' deposited USDC into Aave's over-collateralized lending pool deployed on the Base network. Through Aave's lending yield + official long-term subsidies, it ensures that users' deposits can enjoy a minimum annualized yield of 10%, with earnings settled every hour, supporting on-chain real-time verification of fund flows, and has a risk protection fund of 300 million USD. Bitget Wallet CEO Karry stated that in the future, they plan to continuously leverage the yield opportunities of DeFi and the composability of protocols to create innovative stablecoin financial products with better experiences and higher yields, helping both Web3 and Web2 users easily earn returns on-chain, making Crypto accessible to everyone, truly achieving usability and functionality.