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.