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BitGo, stablecoin and USDS
BitGo Unveils 1-1 USD-Backed USDS Stablecoin
This week, BitGo, a digital asset custodian, launched USDS: The USD Standard, a 1:1 USD-backed stablecoin it hopes will transform the digital asset landscape by prioritizing fairness, transparency, and market neutrality.
BitGo to unveil its reward-earning USDS stablecoin in Q1 of 2025
Mike Belshe, BitGo's CEO, announced during the Token2049 conference in Singapore that BitGo was planning to launch a stablecoin dubbed “USDS” during Q1 of 2025. BitGo referred to the USDS as the first ‘open-participation’ stablecoin that would redefine financial freedom.
BitGo to Enter Stablecoin Market With Reward-Bearing USDS Coin
BitGo says USDS is an "open participation" stablecoin that provides rewards to institutions for providing liquidity to the ecosystem.
BitGo to challenge Circle and Tether’s market dominance with ‘open-participation’ USDS stablecoin
Cryptocurrency firm BitGo has confirmed plans to launch the USD Standard (USDS) stablecoin in January next year.
BitGo Introduces A New Standard for Stablecoins: Meet USDS
USDS is fully backed by a combination of short-duration T-bills, overnight repos, and cash, ensuring high liquidity and low risk. -- Participants Get Rewarded: Engage with the ecosystem by providing liquidity and earn rewards.
Crypto Briefing
4d
BitGo set to roll out its yield-bearing stablecoin in January 2025
BitGo introduced on Sept. 18 the USD Standard (USDS) a new 1:1 USD-backed stablecoin designed to transform the digital asset ...
blockonomi
3d
BitGo & Revolut Join the Stablecoin Race: New Offerings on the Horizon
BitGo, one of the creators of the popular Wrapped Bitcoin (WBTC), has announced plans to roll out a new stablecoin called ...
Cryptopolitan on MSN
6d
BitGo unveils all-in-one custody platform for Web3 tokens amid rising DeFi risks
BitGo has unveiled a new regulated platform specifically designed to manage and custody native tokens for Web3 protocols.
Crowdfund Insider
7d
BitGo to Serve as Custodian for 21Shares’ US Spot ETFs
Digital asset exchange-traded funds (ETFs) have played a pivotal role in providing a range of investors with exposure to ...
CoinDesk on MSN
6d
BitGo Unveils Token Management Service for Crypto Foundations
Big names like Worldcoin and LayerZero are among the first customers of the Token Management Service, announced on Monday.
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stablecoin
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