Binance exchange has announced that it will be adding it’s own new stable coin “Binance GBP” to it’s platform, it will be listed for trading in BGBP/USDC trading pair at 2019/07/23 4:00 AM (UTC).
The new coin contract address is available at etherscan.
#Binance Will List Binance $GBP Stable Coin ( $BGBP)https://t.co/VLyREjUedU pic.twitter.com/G5tMxIaVbc
— Binance (@binance) July 22, 2019
I have no idea why Binance has release such a coin. But i think will have a bad effect on Binance BNB coin, which will be useless after the recent announcement of BGBP.
