Zhao Changpeng: In the future, cryptocurrencies may be priced more in non-US dollar or algorithmic stablecoins

2023-02-14 20:45:16
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Chain Catcher news, Zhao Changpeng stated in a Binance official Twitter Space that since the US dollar is still the most popular way to price Bitcoin in the market, the mainstream stablecoins are currently pegged to the US dollar. However, in the future, as the entire market becomes more open and decentralized, crypto may use more non-US dollar currencies for pricing. At the same time, algorithmic stablecoins are also a new option, but they require more disclosure. He has seen many new projects working on solving the algorithmic stability issue. (Source link)

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