Galoy Launches BTC-Backed Synthetic USD, Hedging Volatility Surprises in Bitcoin

The post Galoy Launches BTC-Backed Synthetic USD, Hedging Volatility Surprises in Bitcoin appeared on BitcoinEthereumNews.com.

On Wednesday, Galoy, a California-based payment solutions platform that offers lightning as a retail payment system, announced the launch of Stablesats, a Bitcoin-backed synthetic U.S. dollar product designed to provide safe…

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