Binance launches Venus blockchain project to create localized stablecoins

Binance launches Venus blockchain project to create localized stablecoins
ôîòî ïîêàçàíî ñ : coinfox.info

2019-8-21 17:17

Binance, one of the world's largest cryptocurrency exchanges, released its blockchain project called Venus. The goal of the project is to enable development of localized stablecoins and digital assets tied to fiat currencies around the world.

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Binance Venus, a stablecoin that will compete with Facebook’s Libra

Binance announced that it is planning to launch an open blockchain project focused on developing localized stablecoins around the world, competing with Facebook’s Libra. Reshaping the world’s financial system Over the last few years, Binance has actively communicated the need for a “global, multi-dimensional customer network and compliance system” to different regulatory authorities around the […] The post Binance Venus, a stablecoin that will compete with Facebook’s Libra appeared first on CryptoSlate.

2019-8-20 19:49


Binance Jumps into the Astrological Waters of Stablecoin With its New Project Dubbed “Venus”

Binance, the world's largest cryptocurrency exchange has announced a new project dubbed “Venus” that will develop digital assets pegged to fiat currencies around the world aka stablecoins. This stablecoin initiative of the exchange will see the firm utilizing its proprietary Binance Chain network— that uses “distributed proof of stake” consensus model” — and international payment […]

2019-8-19 16:19


Binance to launch a blockchain for fiat-backed stablecoins, but who even cares?

Cryptocurrency exchange Binance has been announced launch of a new blockchain and it’s called project “Venus. ” I’m not sure why it chose that name because Venus has no moons. Sad. In an announcement published this morning, Binance described Venus as an “initiative to develop localized stablecoins and digital assets pegged to fiat currencies across the globe.

2019-8-19 15:16


Bitcoin Killer? What’s New And Old With BitTorrent Inventor Bram Cohen’s ‘Chia’

If you ask its official website, Bram Cohen’s Chia project is the first “enterprise” digital currency. Forget Ripple, Stellar, or the host of stablecoins launched over the past couple years. It’s Chia – the “green” crypto project developed in answer to the question of Bitcoin’s high resource usage, which is the first enterprise-grade cryptocurrency.

2019-4-3 11:30


Binance: JPMorgan Token a ‘Stepping Stone’ to Mass Crypto Adoption

JPMorgan’s controversial blockchain token might not be a real cryptocurrency, but researchers say it could help spark concrete crypto adoption. Binance Argues JPMorgan’s Dubious Crypto Project Will Spur Real Adoption In a new article from Binance Research, one of the world’s largest cryptocurrency exchanges deems JPM Coin a “stepping stone” toward mass adoption.

2019-3-2 01:32


Ôîòî:

Crypto Garage and Blockstream Receive First Ever Regulatory Approval to Test Japanese Yen Stablecoin

Crypto Garage, a subsidiary of the Japanese IT company Digital Garage, Inc, announced on January 21, 2019, that it would test issuance of JPY stablecoins on their SETTLENET platform. The Stablecoin Euphoria Expands to Japan The blockchain fintech company will pilot a delivery versus payment settlement service between JPY tokens and digital assets in a project fully authorized under the.

2019-1-22 14:00


‘Basis,’ Andreessen Horowitz-backed Stablecoin project, Will be Shutting Down

Stablecoins have increased in popularity over the past few months, and one of the many reasons for this surge has been the volatility of the crypto market. This summer, some of the largest crypto exchanges provided listings of the most popular stablecoins on their platform, with the Gemini Dollar, Paxos, and True USD among some […] The post ‘Basis,’ Andreessen Horowitz-backed Stablecoin project, Will be Shutting Down appeared first on Coinjournal.

2018-12-17 14:34


Ôîòî:

South Korea: Kakao and Terra Partner to Create Blockchain Ecosystem, dApps, and Stablecoins

Kakao, South Korea’s largest mobile carrier, has signed a partnership with stablecoin project Terra to collaborate on a blockchain-based payments system, reported Korea Times on November 15, 2018. Kakao and Terra Partnership Kakao’s native blockchain platform “Klaytn” is a highly-scalable protocol with average block times of one second and the ability to deploy decentralized applications (dApps) for end users which.

2018-11-17 06:00


Berkeley Professor Questions Stablecoin Viability in Unflattering Op-Ed

University of Berkeley Professor Barry Eichengreen has taken a swipe at the viability of stablecoins in an op-ed published on Project Syndicate. The critique, entitled “The Stable-Coin Myth,” argues stablecoins are not automatically "viable" just because they are pegged to an asset, though Eichengreen does believe they have an advantage over "conventional cryptocurrencies" such as bitcoin which he says "is highly unstable" and "unattractive as units of account.

2018-9-13 18:07


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