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Galoy Launches BTC-Backed Synthetic USD, Hedging Volatility Surprises in Bitcoin

Galoy Launches BTC-Backed Synthetic USD, Hedging Volatility Surprises in Bitcoin

Galoy believes that allowing dollars to flow through Bitcoin will assist in addressing short-term volatility price risk. Volatility is one of the biggest challenges hindering growth of Bitcoin as a means for casual payments.

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