Goldman Sachs-backed BitGo introduces USDS rewarding stablecoin
BitGo’s USDS stablecoin will challenge major issuers like Circle and Tether, aiming to distribute up to 98% of earnings to network supporters.
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BitGo’s USDS stablecoin will challenge major issuers like Circle and Tether, aiming to distribute up to 98% of earnings to network supporters.
BNB Chain partners with major CEXs and wallets to introduce gasless stablecoin transfers, enhancing cross-chain liquidity.
USDC is now integrated into the banking systems of Brazil and Mexico, allowing businesses to use the USD-pegged stablecoin directly through local financial institutions.
The UDSC stablecoin will soon become natively supported on the Sui network through the Cross-Chain Transfer Protocol.
The firm says it wants to make its stablecoin the standard for Web3 creators using Sony’s new layer-2 blockchain.
Stablecoin issuer Circle expects internet payment firms and other financial services companies will attempt to enter or expand in the space.
2025 could bring stablecoins into the mainstream, after 2024 introduced a “turning point year in crypto,” according to Circle’s Allaire.
It’s Circle’s latest effort to embed USDC into Arbitrum, a hub for DeFi, and to compete with Tether’s USDT.
Bridge seeks to build a global stablecoin payment network to rival traditional systems like Swift and credit cards.
Developers on the new blockchain will have a chance to receive investment and other forms of support from a wide range of Web3 firms.
