Comment on BitGo to launch USDS stablecoin in January 2025

BitGo to launch USDS stablecoin in January 2025

Crypto service provider and custodian BitGo announced plans to launch its USD Standard (USDS) dollar-backed stablecoin. Today BitGo announced USDS will feature 1:1 United States dollar backing through a combination of short-duration T-bills, overnight repos, and cash. Users of the stablecoin will also be rewarded for providing liquidity and engaging with its ecosystem.

 

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