“The primary purpose for launching USDS is that, whereas present stablecoins serve a very good perform, we see a possibility to create a extra open and honest system that promotes innovation and, most significantly, rewards those that construct the community,” CEO Mike Belshe stated in an interview with CoinDesk earlier than his keynote at Token2049. “A stablecoin’s true worth comes from the individuals utilizing it, the liquidity they supply, and the entry factors for interchange.”