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:2025-06-10 10:02:01 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.
eth最初的价格2025-06-10 14:08
meme币下载地址 meme币最新版交易所app下载链接2025-06-10 13:27
云挖矿怎么样2025-06-10 13:22
金种子酒收盘跌0.16%,主力资金净流出2314.91万元2025-06-10 13:15
hd钱包地址池-vds钱包hd地址2025-06-10 13:08
狗币交易平台app2025-06-10 13:06
特斯拉概念31日主力净流出19.67亿元,银邦股份、格力电器居前2025-06-10 12:26
还可以莱特币钱包2025-06-10 12:25
比特币面临的10万美元关口:机构需求激增与流动性挑战并存2025-06-10 12:21
钛链ico价格-钛项链价格2025-06-10 11:35
以太挖矿是什么 以太挖矿是什么意思啊2025-06-10 14:08
研报掘金丨国信证券:维持中国太保“优于大市”评级,资本市场回暖利好险企资产端估值修复2025-06-10 14:07
最新数字币价格-最新数字币价格走势2025-06-10 13:51
跨境支付概念31日主力净流出73.43亿元,润和软件、四川长虹居前2025-06-10 13:45
yftt价格太低了2025-06-10 12:38
高带宽内存概念31日主力净流出1.07亿元,亚威股份、香农芯创居前2025-06-10 12:35
房地产预缴增值税需要计提吗2025-06-10 12:30
比特儿交易关闭钱怎么办2025-06-10 12:16
火币c2认证2025-06-10 12:03
9月份去稻城穿什么-9月份去稻城穿什么衣服2025-06-10 11:59