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Regulated Cryptocurrency Custodian BitGo to Launch USDS Stablecoin US-based cryptocurrency custodian BitGo has unveiled its own dollar-pegged stablecoin, USDS, which will be used to reward liquidity providers. The asset is scheduled to launch in January 2025. USDS is backed by assets such as short-term US Treasury bills, overnight repo agreements, and cash.
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9 $DEGEN
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