Crypto exchange giant FTX is "very likely" to create a stablecoin, according to CEO Sam Bankman-Fried.
October 27, 2022 | | | | | 📈 30 Second Cryptocurrency Price Summary | Current Bitcoin Price: $20,566 | Bitcoin price is sitting above the $20,000 mark to begin Thursday, coming down slightly from its test of the $21,000 level yesterday. | Top-20 altcoins have also cooled off a bit from yesterday's run, as Ethereum and BNB fall 1% a piece. Dogecoin has stood out with a powerful 14% advance, following Elon Musk's Twitter takeover. | Top Stories for October 27, 2022 🔥 | | Crypto exchange giant FTX is "very likely" to create a stablecoin, according to CEO Sam Bankman-Fried – who also hinted that an announcement is on its way. | FTX currently offers margin trading against a basket of USD stablecoins, including trueUSD (TUSD), USD coin (USDC), Pax dollar (USDP), HUSD and rival Binance's Binance USD (BUSD). | Bankman Fried says the exchange knows how to create such a token and is exploring who to partner with to get the job done. | | Mara, a crypto ecosystem project backed by Coinbase Ventures and Alameda Research, has launched a cryptocurrency wallet for African users – beginning with Nigeria, then followed by Kenya and Ghana. | The project raised $23 million from its investors and aims to offer crypto brokerage services, educational resources and personal finance management. | | The Decentralized Engineering Corporation (DEC) has raised $9 million to build "The Rideshare Protocol (TRIP) on the Solana blockchain – a project best described as a decentralized version of Uber. | Investors include Foundation Capital, Road Capital, Jake Paul, Uber's third-ever employee, and several other notable names. |
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