Binance exchange has announced its Venus project which many deeming as a competitiveness of Facebook's cryptolibra. ButCEO of binance thinks otherwise.
VENUS, THE REGIONAL LIBRA.
According to information, Binance helps to develop of coin and more other digital assets as this project. While seeking Facebook , Binance wants Venus to stay in the regional waters instead, the company said in a post. It has not confirmed now, it shows that the Malta-based company will develop Venus on the Binance Chain where it already created multiple .
BINANCE'S CZ: VENUS SHOULD HELP FACEBOOK'S COiN.
Binance crypto company will grow the size of the industry by increasing awareness and utility as well as normalizing its usage.
Many in the crypto community have stated that Venus is Libra's potential competitor.if any case the Binance exchange cz refuse to help and leave them alone than it be can this project will get difficulties for Facebook's Libra. Actually Binance exchange team is too much export in crypto field now. Because it they are treat finely with evey one how belong to their platform. Especially CEO of Binance. You can say him good or bad actually you can hate him . But I will say one thing about Binance CEO , He is really manually person How have take responsibility of Binance.
If Binance COE doesn't want to dominate the stablecoin market .CZ thinks . According to CZ, the goal with Venus is to boost crypto adoption, and the exchange's upcoming project can potentially help Libra.
Which blockchain is opening by libra is a open centralized blockchain and owned by Facebook, Now libra is still forcing to help its stable coin facing harshs due to its massive impact on the world economy.Too much thiny difficulties are moving it project.
On the other hand, Venus is a crypto project that focuses on regional markets instead of serving the global market with one coin. Therefore, this mean that Binance will create stablecoins for individual nations locals to use for all over worldwide ..
LIBRA IS RESEN TO GROW BTC PRICE !?!?
Some days ago there was a loud of crashes in btc price. Because it was down suddenly , So evey become sad due to its up down movement. Than there a new circulate about Facebook Libra stable coin project. It help to grow btc price up and than up. Now too much news are moving about Facebook Libra stable coin project. So it definitely up the price of btc.
