Bitget says Cash Plus tops $50 million in AUM five days after launch

Bitget says Cash Plus tops $50 million in AUM five days after launch

N
News Editor
2026-07-16 03:54:45
Bitget said its yield product Cash Plus has surpassed $50 million in assets under management five days after going live, according to official data released by the exchange. The product is designed to offer flexible yield on stablecoin deposits while keeping funds liquid and available for use. In its initial rollout, Cash Plus supports USDT and USDC, with 1:1 redemption available at any time, instant fund settlement, and zero fees with no stated loss on redemption. Bitget also said users receive daily compounded returns while holding the product. The launch-phase reference yield is set at 4% APR, though the actual return will change based on market conditions. The update was published through Bitget’s official channel.
BitgetCash PlusAUMStablecoinsUSDTUSDCAPR

Bitget said its yield product Cash Plus surpassed $50 million in assets under management within five days of launch, citing official data.

Cash Plus offers flexible yield services for stablecoins and is positioned around yield, liquidity, and capital efficiency. Bitget said users can earn daily compounded returns while holding the product.

In the initial phase, the product supports USDT and USDC. It also allows 1:1 redemption at any time, with funds credited in real time and zero fees, according to the company.

Bitget listed the reference launch APR at 4%. Actual returns will adjust dynamically with market conditions.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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