#Crypto news: Binance launches new strategy for stablecoins.

Crypto news: The world of #stablecoins has witnessed rapid growth and innovation in recent years, and Binance is not shying away from exploring new possibilities.

#Binance CEO Changpeng “CZ” Zhao recently shared his vision for the company’s stablecoin strategy during a Ask Me Anything (AMA) session on 31 July on Twitter. 

The strategy revolves around diversifying and offering investors alternatives to the dominant stablecoin giants such as #Tether (USDT) and Binance USD (BUSD).

In a surprising revelation, CZ also acknowledged that even stablecoins perceived as well-regulated and fully audited, such as Binance USD (BUSD), are not entirely immune to unpredictable risks.