Binance launches Venus, which it calls an “independent, regional version” of Facebook’s Libra
TechCrunch Startup News · TechCrunch
August 19, 20193m 5s
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Show Notes
Binance, the world’s largest cryptocurrency exchange, announced today that it will launch an open blockchain project called Venus to develop regional stablecoins pegged to fiat currencies (or traditional currencies usually issued and backed by a government). Based in Malta, Binance launched its decentralized trading service, Binance Chain, earlier this year, and since then has issued stablecoins pegged to Bitcoin and the British pound.
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