Foresight News|Mar 11, 2026 03:04
[Theo Launches Yield-Bearing Stablecoin thUSD, $100 Million Deposit Pool Remaining 11%]
Foresight News reports that the on-chain financial market platform Theo has announced the launch of the gold-backed yield-bearing stablecoin thUSD, along with the opening of a deposit pool capped at $100 million. As of the time of publication, approximately 89% of the deposit pool has been filled.
Theo stated that the deposit window will last for 1 week or until the cap is reached, with the total duration of the campaign being 6 weeks. Users can deposit USDC or thBILL on Ethereum mainnet, Arbitrum, and Stable chain. After the campaign ends, deposits will be converted into thUSD based on their dollar value plus all accumulated yields. The plan is supported by Concrete, and the project team disclosed that thUSD is expected to deliver an annualized yield of approximately 8.3% during its internal operation period in 2025.
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