Bitgo plans to launch its new stablecoin, USDS, in January 2025, offering a unique model that rewards liquidity providers. The announcement was made by Bitgo CEO Mike Belshe during an interview with Coindesk at the Token2049 event in Singapore. The stablecoin will be backed by U.S. Treasury bills, overnight repos, and cash, aiming to create […]
Read More from Bitcoin.com on news.bitcoin.comRelated Posts
DeFi Lender Sky Ratifies Plan to Offboard Wrapped Bitcoin, Due to Sun Concerns
The matter has been closely followed in crypto markets, since the Sky platform has $200 million of loans […]
Bitcoin Reclaims $63,000 After US Fed Rate Cut, But Is This Rally For Real?
So far, Bitcoin has seen a mixture of bulls and bears just in the past day alone. Although […]