PANews reported on September 9th that Bitget Wallet officially announced the launch of its "Stablecoin Wealth Management Plus" minimalist investment product, offering a long-term annualized return of 10%. With no subscription threshold and no regional restrictions, users can deposit and withdraw funds at any time, with redemptions arriving in seconds. The first annualized return is 18%. Compared to exchange-traded and other self-custodial wallet products, Bitget Wallet's "Stablecoin Wealth Management Plus" offers returns nearly double those of similar products.
This product cooperates with the leading lending protocol Aave to invest the USDC deposited by users into the over-collateralized lending pool deployed by Aave on the Base network. Through the Aave protocol lending income + official long-term subsidies, users are guaranteed to enjoy a minimum annualized yield of 10% on their deposits. The income is settled every hour, supports real-time verification of fund flows on the chain, and has a $300 million risk guarantee fund.
Bitget Wallet CEO Karry said that he plans to continue to leverage DeFi's profit opportunities and the composability of the protocol in the future to create innovative stablecoin financial products with better experience and higher returns, helping Web3 and Web2 users to easily obtain income on the chain, making Crypto accessible to everyone and truly usable and easy to use.