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Author Topic: Terra, new Tether of Binance, Okex and Huobi  (Read 86 times)
tsaroz (OP)
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August 31, 2018, 12:03:08 AM
 #1

Arguably the top 3 exchanges by volume Binance, Okex and Huobi has shared hands to other partners for issuance of another stable coin named Terra.
Tether, a token fixed to dollar by an exchange Bitfinex gained a wide popularity, which even is the most popular stable coin in most of exchanges.
Terra would not only be limited to exchanges but also would be a token for payment transactions for goods and services.



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Rainbot
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August 31, 2018, 12:16:35 AM
 #2

Sounds amazing especially if it will get support for consumer goods Smiley Wounder if they will stop supporting tether (USDT) when this arrives, that would also interesting Wink

There are so many coins and tokens, very few has backing so there might be room for another one ^^

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August 31, 2018, 12:17:39 AM
 #3

Arguably the top 3 exchanges by volume Binance, Okex and Huobi has shared hands to other partners for issuance of another stable coin named Terra.
Tether, a token fixed to dollar by an exchange Bitfinex gained a wide popularity, which even is the most popular stable coin in most of exchanges.
Terra would not only be limited to exchanges but also would be a token for payment transactions for goods and services.

Adding few links for  your articles.

https://ethereumworldnews.com/binance-terra-stable-coin-2018/
https://www.coindesk.com/binance-polychain-back-32-million-tmon-crypto-stablecoin-terra/

At first glance I thought that you are referring to terracoin  (https://coinmarketcap.com/currencies/terracoin/) but that is not the case.
ImHash
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August 31, 2018, 02:26:07 AM
 #4

Can you mine this or not? They have the control over the supply, Why would you buy something like that if you can't get it by yourself, Mining it? It's just like USDT, I'm sure it's not a scam Cheesy Maybe other exchanges do the same, Make more tokens out of the thin air to sell.
xcbjsuw
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August 31, 2018, 03:18:50 AM
 #5



At first glance I thought that you are referring to terracoin  (https://coinmarketcap.com/currencies/terracoin/) but that is not the case.


Isn't this terracoin meant?

Terra to Become a New Form of Payment for Asian Based Consumers.
So what Terra's price will follow which currency?
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September 03, 2018, 06:40:02 PM
 #6

Arguably the top 3 exchanges by volume Binance, Okex and Huobi has shared hands to other partners for issuance of another stable coin named Terra.
Tether, a token fixed to dollar by an exchange Bitfinex gained a wide popularity, which even is the most popular stable coin in most of exchanges.
Terra would not only be limited to exchanges but also would be a token for payment transactions for goods and services.

That will be a very good move by these giant exchanges, we need such a stable coin with true transparency to power so many online shops for the sale and purchase of goods and services, other volatile currency cannot serve that purpose.
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