GUSD supports lossless and fast redemption function online In order to continuously optimize the product experience, the lossless fast redemption function of earning coins on the chain GUSD is expected to be officially launched on July 17, 2026 at 14:00 (UTC+8). After the function is launched, users can enjoy real-time payment and 1:1 lossless redemption of the original currency when redeeming GUSD. While enjoying 3.8% GUSD casting revenue, it achieves on-demand deposit and withdrawal, flexible capital turnover, and allows for both asset appreciation and liquidity. Go to GUSD Casting About GUSD GUSD is a current principal guaranteed financial product, whose income comes from Gate ecosystem income, treasury bond RWA and high-quality income assets supported by stable currency. The product supports trading and collateral, and users can receive annualized returns on a daily basis, aiming to provide users with relatively stable returns. Casting method: You can use USDT, USDC, USD1 for casting, and after casting, you will receive GUSD at a 1:1 exchange rate. Revenue distribution: The current casting yield of GUSD is 3.8%. The income will be calculated from the day after the subscription and will be distributed in the form of GUSD before 20:00 (UTC+8) on the day after interest accrual. The profit amount is calculated based on the eligible GUSD balance in your spot account/unified account and fund account. You can view the details of your accumulated earnings in your spot account/unified account. Flexible Redemption: Supports redemption at any time, with funds received in real-time. For GUSD obtained through USDT, USDC, and USD1 minting, when redeemed within the corresponding currency's minting no loss exit limit, the original currency can be redeemed without loss; The redeemed assets will be automatically returned to your spot account or unified account. The lossless quick redemption function is introduced as follows: After the launch of the feature, users who use USDT, USDC, and USD1 to mint GUSD can enjoy a 1:1 lossless withdrawal limit for the corresponding currency when redeeming. The lossless exit limit is dynamically calculated based on the historical casting and redemption records of the user's original currency: the lossless exit limit of the original currency=the cumulative casting quantity of the currency minus the cumulative redemption quantity of the currency. When the calculation result is less than 0, the lossless exit limit for the original currency is 0. Redemption within the lossless exit limit of the corresponding currency is exempt from redemption fees; For the portion exceeding the lossless exit limit, only the handling fee will be charged according to the current rules. Scenario 1: Redemption of Original Currency If 1000 USDT is used to cast GUSD and it has not been redeemed, you will have a lossless exit limit of 1000 USDT; If 400 USDT has been redeemed, the remaining 600 USDT will have no loss of exit limit; When choosing to redeem USDT: Redemption amount ≤ 600 USDT: The handling fee is 0; Redemption amount>600 USDT: Only the portion exceeding 600 USDT will incur a handling fee. Scenario 2: Spot buying GUSD The user has never used USDT to mint GUSD, but instead bought 500 GUSD in the spot market; When choosing to redeem USDT, a handling fee will be charged according to current rules as the account does not have a USDT minting no loss exit limit. Scenario 3: Cross currency redemption The user has never used USDT to cast GUSD, but instead used 500 USDC to cast GUSD; When choosing to redeem USDT, a handling fee will be charged according to current rules as the account does not have a USDT minting no loss exit limit. Important Notice The current redemption page of the app may still display a transaction fee, but the system has automatically calculated it according to the lossless exit rule. Redemptions within the eligible limit will not actually charge a transaction fee. Please refer to the redemption confirmation result for details. Quick redemption has a daily total limit, which will be reset the next day after the limit is exhausted. Standard redemption and fast redemption share a lossless redemption limit, and you can flexibly choose the redemption method according to your needs. To obtain a complete functional experience, it is recommended that APP users upgrade to version v8.29.0 or above, or use it through the web.