(DISCUSSION) Binance going to issue stable coin soon.

[Remainder]

Binance stablecoin: An end to Tether’s (USDT) market control

Binance’s chief financial officer, Wei Zhou, has indicated that the exchange is planning to issue a Binance stablecoin in the coming months.

source - https://www.cryptolinenews.com/development/binance-stablecoin-an-end-to-tethers-usdt-market-control/?fbclid=IwAR0n679TJa_jGBv3D6yvZaF4EefJAsQTUsnB4EmULZy2BSkDTlxfqRIaq_k


Are we expecting that USDT will be replace by Binance stable coins?

Thoughts on this please.

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[rosezionjohn]

The Binance stable coin will definitely take out some of the USDT market. Will it take over? Maybe. One thing is for sure, the USDT will never be on the Binance Chain

[EastSound]

Mukhang gusto talaga ng Binance na maging competitor ni bitcoin at ginagawa ang lahat para monopolize nila ang market.

-  chain
-  dex
- free digital usd

mukhang dagdagan ko p ang BNB holdinga ko

[Remainder]

Mukhang gusto talaga ng Binance na maging competitor ni bitcoin at ginagawa ang lahat para monopolize nila ang market.

-  chain
-  dex
- free digital usd

That maybe their ultimate goal now as they are really strong in the market and they have a lot of supporters, they are taking opportunity on their current status in the market now so they will grow and one of the leaders in the future.

It's hard to compete BTC, but at least getting the place of ETH is already a huge success for them.

mukhang dagdagan ko p ang BNB holdinga ko

That seems to be a good idea, BNB could become $1,000 like ETH in a matter of time.

[rhomelmabini]

It is really a matter of time at talagang worth to hodl si BNB kasi sobrang competitive. I will guess what will be the ticker of the stable coin maybe BST, BSC  or BNBSC, well it just a guess and I am optimistic na maisasakatuparan yung stable coin in the future and end that USDT regime na I don't think that they really are backed by anyone else.

[dark08]

Ang bilis ng improvement ng Binance after the chain ngayon eto naman ang kanilang plano anu kayang nasa isip ni CZ?
Talagang matindi ang competitive sa market at masasabi ko na marami pang balak gawin si CZ kaya maganda mag hold ng BNB kung magkataon na biglang magboom ito.

[meldrio1]

wow nag upgrade na talaga ang binance pero impossible na e wawala nila ang USDT kasi maraming stable coin naman sa binance ha, hindi naman siguro e wawala nalang nila yan maraming din USDT users. Sisikat nanaman itong BNB baka tataas din ang presyo dahil dito.

[Dreamchaser21]

Binance stablecoin: An end to Tether’s (USDT) market control

Binance’s chief financial officer, Wei Zhou, has indicated that the exchange is planning to issue a Binance stablecoin in the coming months.

source - https://www.cryptolinenews.com/development/binance-stablecoin-an-end-to-tethers-usdt-market-control/?fbclid=IwAR0n679TJa_jGBv3D6yvZaF4EefJAsQTUsnB4EmULZy2BSkDTlxfqRIaq_k


Are we expecting that USDT will be replace by Binance stable coins?

Thoughts on this please.

Super ganda ng tinatakbo ng Binance ngayon and sa tingin ko this stablecoin will go beyond other altcoins. Pero hinde naman nya papalitan si USDT since its a fiat money and it will stay in the market. For sure mas tataas pa ang presyo ng BNB dahil dito and maybe $100 can happen soon so maginvest na sa BNB hanggat hinde pa huli.

This topic belongs to Altcoins (Pilipinas), move it there.

[mk4]

If marelease na ung stablecoin nila, personally, di ko gagamitin. Masyadong shady ang legality ng Binance mismo. I'd personally still go with DAI, ang decentralized stablecoin ng MakerDAO platform. If not that, probably USDC nalang, para siguradong legal at backed at di lang basta basta mawawala yang stablecoin na yan.

[Bttzed03]

Hanggang saan kaya titigil tong si CZ. May IEO launch pad at DEX na tapos stable coin naman ngayon. Personally, wala akong pakialam kung sino sa kanila ang maging dominant na stable coin. Hindi pa ako gumagamit na stable coin at wala ako plano.

[serjent05]

Hanggang saan kaya titigil tong si CZ. May IEO launch pad at DEX na tapos stable coin naman ngayon. Personally, wala akong pakialam kung sino sa kanila ang maging dominant na stable coin. Hindi pa ako gumagamit na stable coin at wala ako plano.

Kapag hinabol na siya ng authority.  Remember Binance allowed US citizen to trade in their exchange,  influencing them to buy into their IEO.  Yung mga previous action ni  CZ like blocking yung IP is one way para mapagtakpan ang mga pagkakamali ng exchange nya sa pagtanggap ng US citizen. 

If marelease na ung stablecoin nila, personally, di ko gagamitin. Masyadong shady ang legality ng Binance mismo. I'd personally still go with DAI, ang decentralized stablecoin ng MakerDAO platform. If not that, probably USDC nalang, para siguradong legal at backed at di lang basta basta mawawala yang stablecoin na yan.

Sumasang-ayon ako sayo,  isipin mo na lang yung mga IEO na ginanap sa Binance, nakakagulat lang na halos pare-pareho ang pattern nila, ang coordinated PUMP & DUMP na ginagawa ng Binance at mga insiders.