BTG Pactual Launches Its Stablecoin - Coinleaks
Current Date:September 21, 2024

BTG Pactual Launches Its Stablecoin

Latin America‘s largest investment bank BTG Pactual, crypto platform myntthrough the first stablecoinannounced its launch.

The Brazilian bank announced on Tuesday that it wants to position itself in the digital assets market. USApegged directly to the dollar stablecoinHe said he was going to launch it. BTG Fillthis is called stablecoin, the bank’s crypto asset platform myntAnd BTG PactualIt can be used through ‘s own investment system.

Portilho: BTG Dol Will Ensure Safe Investment

BTG Pactual In his statement, he explained that he sees this asset as a new tool for investors who want to dollarize their portfolios. In addition, the bank stated that they will provide all security rules for the asset, such as due diligence, anti-money laundering and compliance processes.

Commenting on the subject, Mynt Operations Manager Marcel Monteiro : “We recently launched eight new assets. We currently have 22 cryptocurrencies on the platform. Now we also have our own stablecoin,” he said.

BTG PactualHead of Digital Assets André Portilho was among those who commented on the subject. Portilho commented: “Once again, we have innovated in using financial technology for the benefit of our customers. Investors BTG Fillwill be able to invest the dollar in an easier, safer and smarter way.”