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Nalezeno "A$DC Stablecoin": 4117

Binance and Paxos Collaborate to Unveil a Stablecoin Pegged to USD


Binance, the largest digital currency exchange in the world in terms of trading volume, and Paxos, a digital asset trust entity, have come together to unveil a stablecoin pegged to USD. The soon-to-be-launched stablecoin is referred to as BUSD (Binance USD). Binance shared this new update with...

Binance to Launch USD-backed Stablecoin, Gets Approval in New York


Major crypto exchange Binance said it partnered with Paxos Trust Company, a crypto custody company and issuer of stablecoins, in order to launch a new stablecoin, Binance USD (BUSD), later this month. "BUSD will be available on the Paxos platform for direct purchase and redemption 1:1 for U.S....

Tether Plans to Launch CNHT, An Offshore Stablecoin in China


Tether Holdings announced its plans to launch an offshore stablecoin in China which is to be backed by renminbi (Yuan). It is to be dubbed CNHT.  After Bitfinex enabled trading of Tether on their platform in 2015, Tether’s USDT made a massive impact on the crypto economy of China. To date, it...

Binance Proposes Venus To Be Regulatory Focused Stablecoin Platform


Facebook, the social media giant, has become the center of attraction of financial discussions since the news of the launch of its cryptocurrency, Libra. Being one of the most anticipated projects, Libra, on the contrary, had to face a lot of backlashes owing to its security and regulatory...

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