BitGo to launch USDS stablecoin in January 2025

According to BlockBeats, on September 18, CoinDesk reported that BitGo plans to launch the US dollar stablecoin USDS in January 2025 and will provide rewards to institutions that provide liquidity to the network. USDS is backed by short-term treasury bills, overnight repurchases and cash, and plans to list USDS on all major trading platforms.

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