Binance may open the doors to issuing stablecoins pegged to multiple national currencies, going beyond dollar-pegged stablecoins, reported Bloomberg. The CFO of Binance, Wei Zhou, stated that new stablecoins will start appearing on the exchange “in a matter of weeks to a month or two”.
The intention to expand to other assets arrives after Binance DEX announced it would host a stablecoin backed by the British pound, though not issued by Binance. In the coming days, a disclosure is expected about the servicing bank for the project, which should hold funds to back each coin with one...
