Foresight News reports that on-chain financial market platform Theo announced the launch of a gold-backed interest-bearing stablecoin, thUSD. thUSD is built on the tokenized gold product thGOLD, which earns interest by lending gold to retailers and hedges gold futures on platforms like CME to create a delta-neutral position. According to Theo data, this strategy has an average annualized return 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.
Foresight News previously reported that Theo announced at 10 a.m. today that an important event would be launched today.
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