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Cryptocurrency Cointelegraph

Binance CEO: Crypto industry will probably move to non-dollar stablecoins

Changpeng Zhao, also known as “CZ,” says that the industry may start to use stablecoins pegged to the euro, yen, or Singapore dollar, following recent actions against the U.S. dollar-pegged stablecoin BUSD.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Binance CEO: Crypto industry will probably move to non-dollar stablecoins

Changpeng Zhao, also known as “CZ,” says that the industry may start to use stablecoins pegged to the euro, yen, or Singapore dollar, following recent actions against the U.S. dollar-pegged stablecoin BUSD.

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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