Bitgo to Launch USDS Stablecoin in January 2025

Quick Summary:

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.

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Article Details

Category: Crypto

Markets: JapanSingapore

Topics: Innovation News Byte 1 USDS News Bytes BitGo Liquidity Stablecoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-18 @ 16:12:18 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: news.bitcoin.com

Language: English

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoin News

News ID: 22579479

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About Bitcoin News

Main Topics: Crypto

Official Website: news.bitcoin.com

Update Frequency: 18 posts per day

Year Established: 2008

Headquarters: Japan

News Last Updated: 8 hours ago

Coverage Areas: Japan

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #62

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