The world leading cryptocurrency exchange, Binance, is in the works of offering a stablecoin pegged in British pound value. The said coin with the listing as BGBP appeared on the Binance platform. With this, Changpeng Zhao quickly replied that it is in the testing phase, with only £200 minted.
This is most likely that the said stablecoin would be available in the platform anytime soon. More specifically, this blockchain is widely considered to be a major development for the cryptocurrency industry. As such, expectations are quite high in terms of what this particular project will bring to the table.
For more information:
https://cointelegraph.com/news/binance-cryptocurrency-exchange-testing-british-pound-stablecoin
https://themerkle.com/4-crucial-aspects-regarding-the-binance-stablecoin-project/
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