The binance venus

[o48o]

Binance announced a stablecoin recently, something very similar to Facebook's libra coin. I think this should be considered a push for adoption and variety, not necessarily a push for competition.
What do you think guys?

Okay lets add some links for people to see such news/update: https://www.msn.com/en-ph/health/medical/is-sleeping-for-5-hours-a-day-better-than-8/ar-AAG0iHB?ocid=spartanntp

Binance is really trying to get ahead of the game and with recent issues with Libra they do took this opportunity to take the lead and create their own similar coin.
We don't know if this one would be still blocked or would able to pass through.

Not sure if links to sleep cycles was the link you meant to provide. But yeah, Facebook has some powerful enemies in high places, binance hasn't got that privacy stain. (Unless you count that kyc hack, if that's real)

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[Lanatsa]

Binance announced a stablecoin recently, something very similar to Facebook's libra coin. I think this should be considered a push for adoption and variety, not necessarily a push for competition.
What do you think guys?

Okay lets add some links for people to see such news/update: https://www.msn.com/en-ph/health/medical/is-sleeping-for-5-hours-a-day-better-than-8/ar-AAG0iHB?ocid=spartanntp

Binance is really trying to get ahead of the game and with recent issues with Libra they do took this opportunity to take the lead and create their own similar coin.
We don't know if this one would be still blocked or would able to pass through.

Not sure if links to sleep cycles was the link you meant to provide. But yeah, Facebook has some powerful enemies in high places, binance hasn't got that privacy stain. (Unless you count that kyc hack, if that's real)

Do that kyc hack isn't still unresolved? Once an exchange got hacked then its automatically being stained with privacy issues.

I'm not saying that they are being hacked totally but the damage is already being done-either if its true or not but people do already
have different views and insights.

[Maxre]

binance increasingly wants to rule the crypto world by always appearing more than its competitors.
with established in the crypto world it seems like they can do anything and every asset they do will become great.

[trickyriky]

Did they? woah I wasn't updated with this move of Binance. This big exchange would always want to become the leader and they would create something that they can overtake as much as possible.

It wouldn't be for the competition? I don't think so, Libra isn't here and that's why they are taking the advantage before it comes. I think the good side of this is that they are educating a lot of people about stable coins since mostly doesn't use it.

Yes, Binance is working on a large-scale and open blockchain project called Venus. It is going to develop stable coins. The exchange will cooperate with corporations, developers, blockchain projects. They will work together to create a new ecosystem of cryptocurrencies that will improve the lives of people in both developed and developing countries.

It is planned that in the near future these stable coins might even replace fiat.

[bitcoinposts]

Binance venus is the extended version of facebook libra which is a stable coin stable coin demand in market is fullfilled  with binance Venus coin