Zhao Changpeng: Plans to offer a small algorithmic stablecoin as an alternative to USDT and BUSD

ChainCatcher news, according to Cointelegraph, Zhao Changpeng is exploring the possibility of launching smaller algorithmic stablecoins to provide investors with alternatives to the currently dominant stablecoins.

Zhao Changpeng expressed concerns about the lack of transparency and unpredictable risks associated with large stablecoins like Tether and Binance USD. Therefore, Binance is developing algorithmic stablecoins and diversifying its stablecoin collaborations to mitigate potential risks.