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CATEGORY: binance stablecoin

Binance clarifies BFUSD isnt a stablecoin as X gets Terra flashbacks
Author: Cointelegraph by Tom Mitchelhill
United States
Source: Cointelegraph.com News
Nov 20, 2024 12:00

Binance clarifies BFUSD isnt a stablecoin as X gets Terra flashbacks

Binance clarified its forthcoming BFUSD asset is not a stablecoin after crypto users showed concerns over its promise of high yields.

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‘Let’s just diversify and see’ — Binance CEO on its stablecoin strategy
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Aug 01, 2023 05:50

‘Let’s just diversify and see’ — Binance CEO on its stablecoin strategy

Binance CEO Changpeng ‘CZ’ Zhao is looking to bring smaller algorithmic stablecoins to the market, in a bid to offer investors options other than the current global stablecoin giants. Speaking in a July 31, ask me anything (AMA) session on Twitter, CZ cited risks associated with large stablecoins such as Tether (USDT) and Binance USD [...]

The post ‘Let’s just diversify and see’ — Binance CEO on its stablecoin strategy appeared first on Crypto Breaking News.

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