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BitGo & Revolut Join the Stablecoin Race: New Offerings on the Horizon Blockonomi 19 Sep 2024

BitGo & Revolut Join the Stablecoin Race: New Offerings on the Horizon 🚀

BitGo, known for creating Wrapped Bitcoin (WBTC), has announced the upcoming launch of a new stablecoin, USDS, scheduled for next year.

Unlike traditional stablecoins, USDS will feature a unique reward system that incentivizes liquidity providers by offering up to 98% of earnings to ecosystem supporters.

Source: blockonomi.com ↗