“The main reason for launching USDS is that, while existing stablecoins serve a good function, we see an opportunity to create a more open and fair system that promotes innovation and, most importantly, rewards those who build the network,” CEO Mike Belshe said in an interview with CoinDesk before his keynote at Token2049. “A stablecoin’s true value comes from the people using it, the liquidity they provide, and the access points for interchange.”
Related posts
-
Bitcoin Hits $64K Mark on Monday, Crypto Market Sees $200M in Liquidations
On Monday, Oct. 7, bitcoin (BTC) reached an intraday peak of $64,444, giving traders plenty to... -
Crypto All-Stars Presale Raises $2M in Under Two Months – Best Meme Coin to Buy?
It’s rare for a new project to grab attention... -
Bitget Token (BGB) Tumbles 52% on ‘Market Sluggishness,’ Crypto Exchange Says, While Promising Compensation
Flash crashes aren’t unusual in cryptocurrencies, although it is often difficult to explain why many holders...