BitGo to Launch US Dollar Stablecoin USDS in January 2025
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September 18, 2024
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BitGo to Launch USD Stablecoin USDS in January 2025, Offering Incentives for Liquidity Providers
Mars Finance reports that on September 18, BitGo announced plans to launch its USD-pegged stablecoin, USDS, in January 2025. The company will offer incentives to institutions that provide liquidity to the network. USDS will be backed by short-term Treasury bills, overnight repurchase agreements, and cash.
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