BTG Pactual Launches World's First Bank-Backed Stablecoin, BTG Dol

BTG Pactual Launches World’s First Bank-Backed Stablecoin, BTG Dol

BTG Pactual, a leading investment bank based in Brazil, has launched the world’s first bank-backed stablecoin, BTG Dol. Backed by USD and distributed via the bank’s cryptocurrency platform, Mynt, BTG Dol aims to provide investors and users with a secure, efficient, and straightforward way to ‘dollarize’ a portion of their equity. The stablecoin will be issued on a 1:1 basis, …

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