Tokenization platform Theo launches gold-related yield-bearing stablecoin thUSD

GateNews

Project Progress Token Events

Source: odaily

2026-03-17 13:30:41

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Gate News reports that on March 17, tokenization platform Theo announced the launch of a gold-related yield-bearing stablecoin, thUSD, and opened a funding pool with a maximum capacity of $100 million. The stablecoin is backed by its issued gold token, thGOLD, and generates revenue through a cash arbitrage strategy that involves holding spot gold exposure while shorting gold futures. Previously, Theo secured $15.5 million in funding led by Hack VC and Anthos Capital.

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