According to the reports from ChainNews, Bitfinex shareholder Zhao Dong confirmed to that Tether will issue CNHT in the near future and anchor the stable currency of offshore RMB. Zhao Dong further said that his digital asset management platform RenrenBit will open the transaction and recharge the cash in the first time. Basically, Tether is the...Read More
Anchor, a two-token stablecoin algorithmically pegged to the global economy, has launched beta testing of its new Anchor Wallet. Developed in partnership with Ambisafe, the wallet allows users to directly purchase ANCT stable tokens with any fiat currency, or major cryptocurrencies such as BTC, ETH, USDT and USDC. The ANCT is based on the the...Read More
Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. This essay is presented as a part of No Closing Bell, a series leading up to Invest: Asia 2019 focused on how the Asian crypto markets are interacting with and impacting global investors....Read More
Many deem Binance’s newly announced Venus stablecoin project as a competitor to Facebook’s Libra crypto. But Binance’s CZ says otherwise. | Source: (i) REUTERS / Darrin Zammit Lupi (ii) Shutterstock: Edited by CCN By CCN Markets: Binance has announced today its Venus stablecoin project that many deem as a competitor to Facebook’s upcoming Libra crypto....Read More
Binance has unveiled a new stablecoin issuance platform that will allow governments and companies to develop and deploy their own asset-backed tokens, which can be pegged to any fiat currency. Dubbed ‘Venus,’ the new platform is an open blockchain project that provides the tools to create a stablecoin on Binance Chain, the native blockchain of...Read More
The world’s most dominant cryptocurrency exchange, Binance, is not satisfied with being the best in the industry. It literally wants to own it as Facebook has done with social media. The latest ambitions from the Malta based company include a localized stablecoin initiative that will rival Libra.Facebook in the Firing LineNot only has Facebook had...Read More
Cryptocurrency exchange Binance has announced that it’s launching a project that will develop cryptocurrencies and digital assets pegged to fiat currencies around the world. Dubbed Venus, the “localized” stablecoin initiative will see the firm utilize its existing infrastructure, such as its public blockchain, Binance Chain, and international payment system, “to empower developed and developing countries to...Read More
Rupiah Token, on the event of Indonesian 74th Independence Day, announced IDRTB to be introduced on Binance Chain. With this, IDRTB will be the first ever non-USD Asian Currency to be listed on Binance Chain. In addition, they plan to introduce IDRTB as a currency exchange pair on Binance DEX. After the launch of IDRT...Read More
