Major cryptocurrency exchange Binance is testing a British pound stablecoin on its native blockchain, Binance Chain. According to the CEO of Binance, Changpeng Zhao, the stable coin is still in a testing phase, but their intentions are serious.
Harmony (ONE) will be the first token available for trading on both Binance exchange and Binance DEX. To celebrate this, the project has announced a 25,000,000 ONE token airdrop.
Users can purchase and redeem TrueAUD in the TrustToken app starting from today, along with TrueUSD and TrueGBP, with zero purchase or redemption fees. TrueEUR, TrueCAD, and TrueHKD to come next.
The ICE’s Data Services will provide real-time and historical data for all the newly added crypto tokens.
Allowing investors to get a 45% bonus during the additional sales stage, USDDex aims to attract the crypto community to active participation in the project.
The crypt-community awakened with the revelation that the USDT is not really backed by the dollar and commentators allege that it could in future pull an exit scam stunt.
The new feature for TrueUSD users will be available through the real-time dashboard developed independently by Armanino. The launch is set to take place in April.
AutoSweep developed by TrustToken will let exchanges create unique TUSD deposit addresses to be automatically settled into a primary wallet.
The second-largest cryptocurrency exchange, OKEx has created a Bitcoin derivative product called “perpetual swap”. However, there’s no expiry date. The lack of expiry data allows positions to be held on an ongoing basis.
Finally, crypto market starts showing at least some signs of recovery: Tether (USDT) manages to enter the top-five cryptos by market cap (for the short period of time though) while EOS gains considerable 25%.