Binance seeks to add new stablecoins

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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