Theo launches gold-backed yield-bearing stablecoin thUSD, with $100 millions pre-deposit opening next week

Foresight News reported that the on-chain financial market platform Theo has announced the launch of thUSD, an interest-bearing stablecoin backed by gold. thUSD is built on the tokenized gold product thGOLD, generating interest by lending gold to retailers and hedging gold futures on platforms such as CME to construct a delta-neutral position. According to Theo's data, this strategy achieved an average annualized yield of 8.27% in 2025, with positive returns every month. Next week, Theo will open a $100 million pre-deposit for the thUSD Genesis Vault through Concrete.

According to a previous report by Foresight News, Theo announced at 10:00 today (UTC+8) that an important event would be launched today.