BitGo, stablecoin and USDS
Tether’s USDT stablecoin market share rises to over 75%
Tether (USDT), the world’s largest stablecoin, now commands over 75% of the stablecoin market, a rise of 20% in just two years.
Goldman Sachs-backed BitGo introduces USDS rewarding stablecoin
BitGo, a cryptocurrency custodian backed by the banking giant Goldman Sachs, is entering the stablecoin industry by launching a new stablecoin pegged to the US dollar. On Sept. 18, BitGo officially introduced USDS,
BitGo set to roll out its yield-bearing stablecoin in January 2025
BitGo introduced on Sept. 18 the USD Standard (USDS) a new 1:1 USD-backed stablecoin designed to transform the digital asset landscape, which will be launched on January 2025. The announcement highlighted that USDS aims to challenge the dominance of single issuers like Circle and Tether by prioritizing fairness, transparency, and market neutrality.
BitGo to Enter Stablecoin Market With Reward-Bearing USDS Coin
BitGo says USDS is an "open participation" stablecoin that provides rewards to institutions for providing liquidity to the ecosystem.
BitGo to unveil its reward-earning USDS stablecoin in Q1 of 2025
Mike Belshe, BitGo's CEO, announced during the Token2049 conference in Singapore that BitGo was planning to launch a stablecoin dubbed “USDS” during Q1 of 2025. BitGo referred to the USDS as the first ‘open-participation’ stablecoin that would redefine financial freedom.
CoinDesk on MSN4d
Tether-Issued Stablecoin USDT's Market Share Grows to 75% as Market Cap Tops $118B
The largest stablecoin's market cap has almost doubled in two years, while key rivals declined and new entrants have yet to ...
The Tech Report11h
Tether Business Structure, Transparency, And 75% Stablecoin Market Dominance Raise FTX-Like Concerns
Tether USDT now has a market cap exceeding $119 billion, representing over 75% of the stablecoin market. However, Tether’s failure to provide third-party audits has sparked investor concerns about ...
Cryptopolitan on MSN1d
TON records above $1B in native USDT as weekly users spikes
Toncoin is growing its USDT supply to more than $1B, with up to $300M in daily transfers. The Toncoin ecosystem aims to move ...
blockonomi2d
BitGo & Revolut Join the Stablecoin Race: New Offerings on the Horizon
BitGo, one of the creators of the popular Wrapped Bitcoin (WBTC), has announced plans to roll out a new stablecoin called ...
Tether stablecoin issuer and Tron launch financial crime unit
Tether USDT stablecoin issuer and Justin Sun-founded Tron network have joined forces with TRM Labs to establish a new private ...
CoinDesk on MSN8d
English High Court Rules Tether's USDT Stablecoin Counts as Property
USDT attracts property rights as it can be the subject of tracing and can constitute trust property in the same way as other ...
cryptopolitan1d
Societe Generale expands EURCV stablecoin to Solana
French bank Societe Generale's crypto unit SG Forge as expanded its Euro Coinvertible (EURCV) stablecoin to the Solana ...
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TON Foundation Partners with Curve Finance for Stablecoin Swap Project
TON partners with Curve Finance to launch a stablecoin swap project on the TON blockchain, driving growth and enhanced ...
VALR to List First Digital’s FDUSD Stablecoin, Enhancing Stablecoin Adoption in Africa and beyond
VALR, Africa’s largest cryptocurrency exchange by trading volume, today announced it will be listing First Digital’s FDUSD stablecoin on the 23rd of September. This strategic partnership will ...
USDT on TON chain surpasses $1 billion: Token Terminal
Tether’s stablecoin, USDT, has surpassed $1 billion in circulating supply on The Open Network (TON), according to data from ...