Binance announced they are testing a stable coin.

This one to be pegged to the British Pound.

I am guessing the move is to usher in more clients in that region.

His tweet can be seen here:

(Source: https://www.ccn.com/binance-tests-british-pound-stablecoin)

It will be interesting to see what this does to the BNB coin.

And it's a bit surprising they didn't try to peg it to the US dollar.

Perhaps they don't have enough US customers to go that route yet.

I would bet they do eventually.