Hi HODLers and Hiveans,
Yes, despite all the noise and drama in the CryptoWorld; there are still some exciting news coming from some part of the world!
BTG Pactual, Brazil's biggest bank announced it will launch its own dollar stablecoin named BTG Dol.
This asset will run on the Polygon—the blockchain.
Polygon is a sidechain network that is compatible with Ethereum and is popular among big brands, such as Starbucks and Disney.
Why would a Brazilian bank make a USD Stablecoin?
Well, for most countries around the world, the US Dollar is a safe haven currency. Even if it is being devaluated as any other FIAT, this would probably be the last FIAT to fall.
“When buying BTG Dol, investors have access to an easier, safer and smarter way to invest in dollars,”
BTG Dol is now available on Mynt. Mynt is BTG's crypto-asset platform, and through BTG Pactual’s own investment system.
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