It seems Binance is doing everything possible to attract a lot of attention to itself and control too much. There are already a handful of stablecoins being traded on Binance exchange and others, Pax, usdt, usdc,and Tusd are all in this category and achieving the same aim.
Not entirely the same aim but this time for the British market.
Those TUSD, USDTand USDC aren't in their chain so this must be different. I guess sooner is will be like forex market that we can trade USDT/BGBP, well sort of a new platform to use I guess the meta trader of the forex brokers will soon be useful in crypto. Is this far-fetch?
In my opinion not too, later binance will fix prices through their stable coins BGBP, BTC / BGBP, ETH / BGBP, etc. But I don't know how much the initial value they pegged, whether to follow the price of the dollar or not, but in my opinion this will not be much different from the USDT.
Yes, since binance hacking happened, binance began to rise to attract investors to return, they turned their minds to create new innovations and make the best exchanges.