BitGo to Enter Stablecoin Market With Reward-Bearing USDS …
Sep 18, 2024 · SINGAPORE — BitGo plans to introduce a dollar-backed stablecoin next year, differentiating itself in a crowded market by offering rewards to institutions that provide liquidity to the network...
Goldman Sachs-backed BitGo introduces USDS rewarding stablecoin
Sep 18, 2024 · BitGo, a cryptocurrency custodian backed by the banking giant Goldman Sachs, is entering the stablecoin industry by launching a new stablecoin pegged to the US dollar.
BitGo Introduces A New Standard for Stablecoins: Meet USDS
Sep 18, 2024 · SINGAPORE-- (BUSINESS WIRE)--BitGo, the leading digital asset custodian, is pleased to announce the launch of USDS: The USD Standard, a groundbreaking 1:1 USD-backed stablecoin that aims to...
Silvergate’s Former President Joins BitGo to Run Stablecoin Unit
Nov 1, 2024 · Former Silvergate Capital Corp. President Ben Reynolds, who helmed the now-defunct California bank as it grappled with the collapse of crypto exchange FTX two years ago, is joining digital-asset custodian BitGo to spearhead its nascent stablecoin project.
BitGo Hires Former Silvergate President to Head Stablecoin …
Nov 1, 2024 · BitGo has appointed former Silvergate Bank president Ben Reynolds to lead its USD Standard stablecoin initiative, aiming to enhance global adoption and leverage his extensive fintech experience for growth.
BitGo Takes On Coinbase and Tether With USDS Stablecoin Launch
Sep 18, 2024 · The stablecoin wars are heating up, and American digital asset custodian BitGo is the latest to join the fray with Wednesday’s launch of its new U.S. dollar-pegged coin. Dubbed USDS, the asset will prioritize “fairness, transparency, and market neutrality,” BitGo said in a …
News Explorer — BitGo to Launch USDS Stablecoin That Pays
BitGo, a cryptocurrency company, is set to launch a dollar-backed stablecoin called USDS next year. Unlike other stablecoins, BitGo's USDS will offer rewards to institutions that provide liquidity to the network.
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 landscape, which will be launched on January 2025.
USDS by BitGo: The first stablecoin to reward liquidity providers
Sep 18, 2024 · Cryptocurrency custody firm BitGo is set to launch a new dollar-backed stablecoin, USDS, by 2025, according to a statement made on 18 September. The company announced the plan at the Token2049 event in Singapore.
BitGo to unveil its reward-earning USDS stablecoin in Q1 of 2025
Sep 18, 2024 · BitGo’s stablecoin will join a stablecoin market dominated by USDT and USDC. Digital asset custodian BitGo announced the launch of its 1:1 USD-backed USDS stablecoin. BitGo referred to its USDS as the first “open-participation stablecoin that …
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