BTG Pactual, Latin America’s largest private investment bank, has launched the world’s first dollar-backed stablecoin issued by a bank.
based in Brazil BTG Pactual, BTG Fill own stablecoin named cryptocurrency platform mynt processed on it. by BTG Pactual April 4 Tuesday in the announcement made on BTG Fill‘Fame The world’s first backed dollar stablecoin issued by a bank was stated.
Aiming for customers to dollarize their investments easily and securely, the stablecoin currently has a minimum 100 Brazilian Real ($20) It can be purchased on Mynt with transactions worth of . Also on Mynt Bitcoin (BTC) And Ethereum (ETH) including 22 different cryptocurrencies is being traded.
Head of BTG Pactual Digital Assets André Portilho In a statement on the subject, he highlighted the benefits of this innovation for investors:
Once again, we are innovating in using financial technology for the benefit of our customers. Investors have access to an easier, safer and smarter way to invest dollars when purchasing BTG Dol.
CoinGecko According to data, stablecoins were around at the time of writing. $132 billion has market value. Tether (USDT), 80 billion dollars between market cap and stablecoins first place is located.