您的当前位置:首页 > 金店 > BitGo will launch USDS stablecoin, providing liquidity rewards to ecosystem participants 正文
时间:2025-05-29 05:55:21 来源:网络整理 编辑:金店
AccordingtoCoinDesk,cryptocurrencycustodianBitGoannouncedplanstolaunchtheUSdollarstablecoinUSDSatthe
According to CoinDesk, cryptocurrency custodian BitGo announced plans to launch the US dollar stablecoin USDS at the "Token2049" conference in Singapore. The stablecoin will stand out in this crowded market by rewarding institutions that provide liquidity.
USDS will be supported by short-term Treasury bills, Overnight Repo, and cash, making it BitGo's first open participation stablecoin. The company stated that USDS will be launched in January 2025.
BitGo CEO Mike Belshe said in an interview with CoinDesk:
The main reason for launching USDS is that while existing stablecoins have great features, we believe there is an opportunity to create a more open and fair system that promotes innovation, and most importantly, rewards those who construct the network. The true value of stablecoins comes from the people who use them, the liquidity they provide, and the access points for exchange
At present, the stablecoin market is dominated by Tether's USDT, with a market value of approximately $119 billion, followed by Circle's USDC, with a market value of approximately $35.4 billion. Unlike its competitors, BitGo's USDS adopts a reward based approach, incentivizing institutions that provide liquidity to the USDS network by allocating a portion of the rewards generated from stablecoin reserves.
Belshe said, "At the end of each month, we earn some returns from the cash held by the underlying fund, and then we proportionally return these returns to participants based on the custody of the assets." He pointed out that this mechanism may sound similar to dividends, resulting in the entire operation being classified as an investment contract, but the difference is that it does not distribute the returns to end-users, but to institutions that provide liquidity.
Other US dollar stablecoins have also attempted to create income based stablecoins and reward end-users, but as a compromise, they had to exclude the US market, such as the Lift dollar (USDL) issued by Paxos.
如何处理无形资产的摊销分录?2025-05-29 06:19
狗狗币是什么意思 狗狗币 什么意思2025-05-29 05:58
区块链软件币应2025-05-29 05:20
火币行情app2025-05-29 04:51
10月31日华安沪港深外延增长灵活配置混合A净值增长0.25%,近3个月累计上涨17.35%2025-05-29 04:50
火币行情BAND2025-05-29 04:47
10月31日招商稳健平衡混合C净值增长0.42%,今年来累计上涨19.47%2025-05-29 04:36
冷钱包下载软件-冷钱包下载app2025-05-29 04:34
云币交易平台app2025-05-29 04:17
Ripple 的价格在 3 天内下跌了 11%,但对于 XRP 大军来说,这是一个好消息2025-05-29 04:09
火币网止损2025-05-29 06:33
10月31日中欧周期景气混合发起A净值下跌0.91%,近6个月累计下跌7.95%2025-05-29 06:22
比特币如今行情-比特币如今行情怎么样2025-05-29 06:00
10月31日银河行业混合C净值增长0.24%,近3个月累计上涨18.83%2025-05-29 05:56
AAVE突破230美元关口 24小时涨幅达3.69%2025-05-29 05:33
10月31日财通资管鑫逸混合E净值增长0.33%,近3个月累计下跌0.01%2025-05-29 04:22
比特币中国和火币2025-05-29 04:17
10月31日博时工业4.0主题股票净值下跌0.83%,今年来累计下跌11.78%2025-05-29 04:15
GT Radar 雷達週報 9/18:今日凌晨聯準會將宣布降席幾碼,是否成為幣圈分水嶺?2025-05-29 04:15
viabtc交易平台2025-05-29 04:05