The World’s Biggest Crypto Exchange is Testing a British Pound Stablecoin

2019-6-4 18:19

By CCN: Binance CEO Changpeng Zhao let the cat out of the bag on Twitter late last night: Binance is launching its own stablecoin. Binance’s Last Mile: Its Own Liquidity Market? A user hoped to see a true stablecoin, pointing out that all of the existing options were down at least 2%.

CZ responded that the exchange is currently in “testing” phases for its stablecoin product. Fact is, when stablecoins see use in actual trading, demand might shift in either direction, occasionally creating a spread. The spread can sometimes be as extreme as 5-10%, depending on overall problems with the

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Binance Chain welcomes a stablecoin and prepares to issue one of its own

Binance, the largest cryptocurrency exchange in the world, prepares to welcome the first stablecoin developed on the Binance Chain (BNB) blockchain while it has begun testing its own. Stablecoins on the Binance Chain In a blog post, Stably, a venture-capital backed startup, announced that it will be launching its StableUSD (USDS) token on the Binance protocol.

2019-6-3 19:08