BTG Pactual Launches Inaugural Stablecoin BTG Dol

BTG Pactual, the prominent investment bank in Latin America, has recently introduced its inaugural stablecoin via their own cryptocurrency platform, Mynt. The new crypto asset, BTG Dol, is pegged to the US dollar at a 1:1 parity, which allows for seamless integration between conventional financial systems and the emerging digital economy. Being classified as a stablecoin, it serves as a viable option for investors looking to “dollarize” their assets, with the assurance of US dollar backing. This affords users a convenient, streamlined and secure means of doing so.