Major cryptocurrency exchange Binance is apparently testing a British pound stablecoin on its native blockchain, Binance Chain, according to a Twitter post on June 3.
Twitter user CryptosBatman noticed that the listing “$BGBP” appeared on the Binance platform.
Binance CEO CZ has commented on the tweet, confirming that a pound stablecoin is in the testing phase, with only £200 minted.
Zhao came under fire last month for posting about potentially rolling back transactions (re-org) on the exchange after a $40 million hack. Zhao apologized after the incident, saying:
“Given how much I talk, I sometimes say the wrong stuff, dirty words like ‘reorg’, for which I apologize. It is my strong view that our constant and transparent communication is what sets us apart from the “old way of doing things”, even and especially in tough times.” Read More at Yahoo Finance...