Binance seeks to add new stablecoins
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The world's largest cryptocurrency exchange, by volume, is actively examining new stablecoins to add on its platform. The Binance research team is evaluating all stablecoins but has a specific interest in Gemini Dollar; the stablecoin backed the Winklevoss twins. Binance currently has three stablecoins on its platform: Tether, Paxos Standard, and TrueUSD. (Source: CoinDesk)
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Steven Zheng is a researcher for The Block. He joined The Block in August 2018. Steven graduated from St. John’s University with a degree in economics. Previously, he covered blockchain and crypto at Radicle, a startup analytics firm. He also had brief stints at Cheddar, a media startup, and Bowery Capital, a venture capital firm. He owns bitcoin. Follow Steven on Twitter at: @Dogetoshi
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