It has been reported that the Binance Jersey has listed its proprietary GBP-backed Stablecoin.

This confirms indications that Binance had its sights on imminently issuing its own fiat-pegged assets starting with British Pound backed cryptocurrency.

According to Binance Chief Financial Officer Wei Zhou there has been an overwhelming demand in the market for a more Stablecoin diversification adding that increasing awareness of the utility of stablecoins contributed to his company’s decision to list the coin.

Binance is not the only exchange its own Stablecoin, other major exchanges such as OKEx and Huobi has issued their own fiat-backed Stablecoin.

A study published in June reveals that only 66 stablecoins are actually live and operational which means only 30% of the total announced fiat-pegged tokens.

Headlines for the world of Cryptocurrencies - July 19, 2019

• Power Lunch With Warren Buffet And Justin Tron Adds Circle CEO Jeremy Allaire
• Libra Receives Support From Mother Of Blockchain
• Co-Founder Of Apple Co-Founding Blockchain-Based Energy Savings Firm
• LibertyX Expanding Its Bitcoin ATM Business
• Chinese Internet Users Interested With Facebook’s Libra

Headlines for the world of Cryptocurrencies - July 18, 2019

• Binance Accidentally Discovers Staking Rewards
• More Swiss Crypto Projects Wanting To Be Swiss Banks
• NEO & ONT Working On Next Gen Internet
• Japan Initiates SWIFT-Like Global Crypto Payments Network
• Coinbase Now Giving Trading Signals

Headlines for the world of Cryptocurrencies - July 17, 2019

• Litecoin Partnering With Miami Dolphins
• Ripple CEO Claims XRP Is Not Used For Any Elicit Activity
• New Crypto Giveaway From The Winklevoss Twins
• Small Town In Toronto Now Accepting Crypto For Taxes
• Tor Teams Up With BTCPay For Crowd Funding Initiative