| Latin America's Biggest Investment Bank Just Launched a Stablecoin on Polygon | | https://bitcoinmag.eu/latin-americas-biggest-investment-bank-just-launched-a-stablecoin-on-polygon/Latin America's biggest investment bank, Brazil-based BTG Pactual, today announced the launch of its own stablecoin. Rio de Janeiro-based BTG Pactual said in a Tuesday statement that its BTG Dol token, available for clients now, is priced in U.S. dollars. BTG Pactual confirmed to Decrypt that the asset will run on the Polygon—the blockchain behind […]The post https://bitcoinmag.eu/latin-americas-biggest-investment-bank-just-launched-a-stablecoin-on-polygon/ appeared first on Bitcoinmag. | | | | 'Over-Collateralization Can Help Mitigate the Risk of Stablecoin Depegging' | | https://bitcoinmag.eu/over-collateralization-can-help-mitigate-the-risk-of-stablecoin-depegging-pendulum-cto/Despite being touted as a game-changing innovation, the decentralized finance (defi) ecosystem is still not connected to fiat rails largely because of regulatory and compliance issues, Torsten Stuber, the CTO at Pendulum says. According to Stuber, the defi ecosystem will succeed in getting more traditional financial institutions on board once "a substantial amount of liquidity […]The post https://bitcoinmag.eu/over-collateralization-can-help-mitigate-the-risk-of-stablecoin-depegging-pendulum-cto/ appeared first on Bitcoinmag. | | | |