Convert Bitget Token BGB to Wrapped USDR WUSDR

What is BGB token? BGB is a decentralised token that is the primary token of Morph's blockchain, serving as the gas, governance, and payment token across the layer. Who Are the Founders of Bitget Token? Launched in 2021, Bitget Token (BGB) was initially positioned as the platform token for the Bitget exchange and Bitget Wallet. Behind Bitget is a team of visionary early adopters dedicated to a blockchain-powered future. The leadership team is comprised of seasoned professionals with experience at global giants like Goldman Sachs, Facebook, and Binance, including CEO Gracy Chen, COO Vugar Usi Zade, and CLO Hon Ng. In September 2025, Bitget agreed to a strategic partnership with the Morph chain. The Morph Foundation, a non-profit decentralized organization, is now solely responsible for the future development of BGB. What Makes Bitget Token (BGB) Unique? BGB is the gas and governance token of the Morph chain. At the same time, BGB will also get support from its partners, such as exchanges and wallets, serving as a key medium for Launchpool's new token mining, fee discounts, and more. How Many Bitget Token (BGB) Coins Are There in Circulation? The initial supply of Bitget Token (BGB) is fixed at 2 billion tokens. As of September 2025, the circulating supply of BGB is 699,992,035. The Morph Foundation will update the BGB burn mechanism, linking it to Morph network activity, until the total BGB supply is reduced to 100 million. How Is the Bitget Token Network Secured? Bitget Token (BGB) initially operates on Ethereum's blockchain using the ERC-20 standard and Proof-of-Stake (PoS) consensus, making it compatible with any Ethereum wallet. Following the strategic partnership between Bitget and Morph, a growing number of BGB will be migrated to the Morph chain, as the gas and governance token. Where Can You Buy Bitget Token (BGB)? Bitget Token (BGB) can be purchased directly on the Bitget exchange. BGB is also available for trading on MECX, Bitfinex, Uniswap, and BulbaSwap.

wUSDR is a wrapped version of USDR. USDR is the world’s first stablecoin collateralized by tokenized, yield-producing real estate. USDR has its own value accrual system built into its design, differentiating it from other currencies. Using a consistent stream of dependable yield derived from rental revenue, USDR will deliver a native real yield to stakers through a daily rebase, projected to range between 10 - 20% APY. As an asset class, real estate is inflation-proof and wealth generating, making it an ideal backing for a stablecoin. While the dollar has lost over 80% of its purchasing power over the past 50 years, the price of single-family home has gone up by 14x in countries like the United States. So a real estate backed stablecoin not only works as a hedge against the volatility of crypto markets, it also protects holders from the impacts of ongoing currency debasement. USDR is minted using DAI and can always be redeemed 1:1 for DAI. Treasury DAI is used to purchase and tokenize income-generating real estate, which is added to the treasury and serves as the primary source of protocol yield. As the value of the tokenized real estate appreciates over time, USDR becomes overcollateralized. Tokenized real world assets are the path to meaningfully grow the market cap of crypto and DeFi, reaching the next billion users in the process. Bringing RWAs on-chain allows for transparent, trust-minimized and efficient access to categories like the ~$330T global real estate market. Without the need for a mortgage or a downpayment, it’s now possible for anyone with a phone to access many of the benefits of real estate though USDR.