Foresight News|Feb 27, 2026 15:04
[Theo Launches Gold-Backed Interest-Bearing Stablecoin thUSD, $100 Million Deposit to Open Next Week]
Foresight News reports that the on-chain financial market platform Theo has announced the launch of a gold-backed interest-bearing stablecoin, thUSD. thUSD is built on the tokenized gold product thGOLD, generating interest by lending gold to retailers and hedging gold futures on platforms like CME to construct a delta-neutral position. According to Theo's data, this strategy achieves an average annualized return of 8.27% in 2025, with positive returns recorded every month. Next week, Theo will open a $100 million deposit for the thUSD Genesis Vault through Concrete.
Foresight News previously reported that Theo had teased at 10 a.m. today that it would announce a major event later in the day.
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