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Binance CEO Changpeng ‘CZ’ Zhao is trying to convey smaller algorithmic stablecoins to the market, in a bid to supply traders choices aside from the present international stablecoin giants.
Talking in a July 31, ask me something (AMA) session on Twitter, CZ cited dangers related to giant stablecoins comparable to (USDT) and Binance USD (BUSD), saying that whereas Tether is by far the biggest stablecoin by market cap, he stays cautious of the asset as a result of its lack of transparency:
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