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 10:28:41 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.
投资性房地产公允价值变动的会计处理2025-06-10 18:36
初雪是什么时候2025-06-10 17:56
住房公积金理财-住房公积金理财方案2025-06-10 17:47
深脑链价格-深脑链价格走势图2025-06-10 17:46
公积金最低还款额计算2025-06-10 17:33
Fold 推出比特币礼品卡,开创美国零售市场新纪元2025-06-10 17:10
医用口罩怎么开发票2025-06-10 16:55
发放现金股利对所有者权益有什么影响2025-06-10 16:13
沛金条兑换币行情-金条兑换价格2025-06-10 16:08
David Sacks将出席Bitcoin 2025大会,与Winklevoss兄弟同台2025-06-10 16:08
特朗普称赞贝森特上电视带动市场上涨2025-06-10 18:46
Wb3 社交图谱 CybrConnct 通过 CoinList 代币销售筹集 540 万美元2025-06-10 18:40
日本长期国债收益率升至多年新高2025-06-10 18:23
什么洪水带来什么灾难2025-06-10 18:11
比特币什么时候提币 比特币什么时候提币的2025-06-10 18:03
usdt价格哪里最低-usdt哪里最便宜2025-06-10 17:42
一个钱包有多重2025-06-10 17:36
zil币价格今日行情-zil币价格今日行情走势2025-06-10 17:12
增值税留抵税额怎么账务处理2025-06-10 17:05
CZ否认在世界自由金融交易中扮演“调解人”角色2025-06-10 16:25