Tokenization platform Theo has launched thUSD, a yield-bearing stablecoin linked to gold. The platform has opened a $100 million liquidity pool for the new stablecoin, which is backed by its issued gold token, thGOLD. thUSD generates yield through a cash and carry arbitrage strategy, involving holding spot gold while simultaneously shorting gold futures. This development follows Theo's previous $15.5 million funding round, co-led by Hack VC and Anthos Capital. #crypto #blockchain #news