USDStandard

Setting the new standard. Backed by @BitGo

[USDStandard @USDStandard]

USD Standard is a multichain US Dollar stablecoin redeemable 1-to-1 for USD. The collateral of USD Standard is held in liquid USD-denominated assets including bank deposits, short-duration T-bills, and overnight repos, ensuring high liquidity and low risk.

Powered by @BitGo

[BitGo @BitGo]

👀 @USDStandard

[CoinDesk @CoinDesk]

.@BitGo is entering the stablecoin market in Jan. 2025 with reward-bearing USDS coin, the crypto custody firm announced at @token2049. By @thesamreynolds.

https://t.co/yGzBGbXbrl

[Mike Belshe @mikebelshe]

Welcome, Ben! For those of you that know Ben from having built the Silvergate Exchange Network, he's now heading up stablecoin efforts at BitGo and @USDStandard !

[BitGo @BitGo]

We’re thrilled to announce that Ben Reynolds has joined BitGo as Managing Director and Head of USD Standard. With over 25 years of experience in fintech, software, banking, and asset management, Ben joins us from Silvergate Bank, where he served as President.

Our goal is to bring a new era of stablecoins to the digital asset industry to serve anyone who needs it. In this role, Ben will oversee the growth of BitGo’s USD Standard stablecoin and lead efforts to drive global adoption.

Read more: https://t.co/J7bUg4k18c