BitGo Crypto Wallet Integrates Digix’s Gold-Backed Cryptocurrency

[kreslik.news]

Crypto wallet and blockchain security firm BitGo has partnered with Digix to bring its DGX gold backed stablecoin to the service.

The Palo Alto-based startup is adding compatibility with a gold-backed token whose value is not subject to the wild volatilities of the cryptocurrency world or to foreign exchange fluctuations. The integration of Digix also helps deepen liquidity of its ecosystem that currently support 85 cryptocurrencies. This stable-price coin is particularly useful for payments, loans, and anything that requires a more stable store of value.

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Digix digitizes physical gold in a ... (read more)