Rumors are beginning to circulate suggesting that Binance, a major crypto exchange, will launch its own dollar-pegged stablecoin. The inaugural release of Binance’s new podcast has spurred plenty of speculation, and although nothing has been confirmed yet, many people are beginning to ask: will Binance release a stablecoin?
Podcast Provokes Speculation
On Tuesday, Binance released a brand new podcast. In the first-ever episode, two prominent Binance personnel discussed stablecoins from JP Morgan, IBM, and Facebook. In a less noteworthy episode, this might be considered a normal topic, but many people now believe that Binance is more interested in stablecoins than it is letting on.
In the premiere episode of the @Binance Podcast – “What are Stablecoins & why are @jpmorgan, @facebook & @IBM working on it?” #Binance CFO @weizhouBinance discusses #stablecoins & their impact on finance with Head of OTC @LeslieisHODLing.https://t.co/57DgM6LlqO
— Binance Info (@Binance_Info) May 1, 2019