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It seems that Justin Sun and CZ have deepened their relationship since returning from Pakistan. HTX responded immediately to Binance's new stablecoin, offering a 20% initial annualized yield subsidy to help generate buzz. However, HTX's support is likely just the first step; the main focus is on TRON. If Binance, the largest exchange, and TRON, the public chain with the most stablecoins, were to join forces to launch a new stablecoin, the potential would be enormous. After all, no one wants to give up the lucrative stablecoin market, but they are often forced to act as USDT channel providers. Both Binance and TRON have previously launched their own stablecoins, but neither has succeeded. If the two companies join forces this time, it could truly reshape the entire stablecoin market. @UTechStables should keep an eye on this.
@HTX_Global @trondao @justinsuntron
twitter.com/jason_chen998/stat...
Pay attention!
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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