Gate GUSD Subscription Exceeds $257M, DOS Pool Yields 10.16% APY

The scale of GUSD subscriptions points to where stablecoin demand is actually going: not just payments or trading collateral, but yield-bearing instruments that keep capital parked on-platform. A double-digit combined yield on the DOS pool is the kind of number that pulls in rate-sensitive stablecoin holders, and it puts pressure on competing venues to match headline yields rather than compete purely on liquidity or fees. Whether that yield holds as more capital enters the pool — and whether subscription growth keeps pace once it compresses — is the open question.