Bitcoin (BTC) $77,187.10 -0.84%
Ethereum (ETH) $2,240.78 -0.42%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 96.217658 0.70%
Chainlink (LINK) $11.44 7.96%
Cardano (ADA) $0.20 2.59%
Litecoin (LTC) $55.92 1.81%
Dash (DASH) $48.94 3.01%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.355148 0.46%
X-Cash (XCASH) 3.0E-6 0.00%
Dogecoin (DOGE) $0.00 -14.10%

Cryptocurrencies: 30336

Markets: 109676

Market Cap: $2,599,662,911,787

24h Vol: $113,021,888,636

Joseph Young

2019-06-06 12:14:35

Binance's New Stablecoin Poses Serious Threat to Tether's Dominance

According to Wei Zhou, the CFO at Binance, the exchange is planning to issue a stablecoin in the upcoming, possibly to compete against Tether.

Advertise on Cryptela

Latest News

Chainlink partners with Hanwha for global RWA tokenization p...

2026-10-30 18:58:30
Hyperliquid burns $6.75 million in HYPE as price rebounds to...

2026-10-30 18:50:30
Ripple executives spark debate with their 5-year outlook for...

2026-10-30 18:43:30
Solana Foundation partners with Anchorpoint to launch HKDAP...

2026-10-30 18:34:30
Synthetix recovers $8.4 million SNX after Binance’s $6.3 bil...

2026-10-30 18:22:30
Polygon expands Open Money Stack to support Solana, targetin...

2026-10-30 18:10:30

Videos

Ethereum Classic (ETC): What is Ethereum Classic (ETC)? EXPLAINED!
DEFI: What is Defi? A Beginner's Guide to Decentralized Finance!
What is Cryptocurrency? | Everything About Cryptocurrencies!
A Step by Step Guide To Use and Utilize Cryptocurrency!