Cygnus Finance Global USD(CGUSD)

Overview

Cygnus Finance Global USD (CGUSD) is a real-world asset (RWA) backed stablecoin issued by Cygnus Finance. The protocol states that the token is collateralized by short-term U.S. government debt instruments held as reserves.

CGUSD is described as a natively interest-bearing stablecoin, meaning yield accrues at the token level, and it is issued on Base, Coinbase's layer-2 network. Cygnus Finance is identified as one of the early RWA protocols deployed on Base. Details of the actual reserve composition and redemption terms should be verified through disclosures published by the issuer.