BTG Pactual Launches Its Stablecoin On Polygon

Twitter icon  •  Published 1 year ago on April 12, 2023  •  Hassan Maishera

The Polygon team announced via Twitter on Tuesday that Brazil-based BTG Pactual, Latin America’s biggest investment bank, launched its own stablecoin on the Polygon network.

BTG Pactual Launches Its Stablecoin On Polygon

The Polygon team announced via Twitter on Tuesday that Brazil-based BTG Pactual, Latin America’s biggest investment bank, launched its own stablecoin on the Polygon network.

The BTG Dol token offers investors a simple & efficient way to put equity into dollars. The BTG Dol token, available for clients now, is priced in U.S. dollars.

Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. MATIC is down by 3 % in the last 24 hours and is currently trading at $1.0883.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.