Arguably the top 3 exchanges by volume Binance, Okex and Huobi has shared hands to other partners for issuance of another stable coin named Terra.
Tether, a token fixed to dollar by an exchange Bitfinex gained a wide popularity, which even is the most popular stable coin in most of exchanges.
Terra would not only be limited to exchanges but also would be a token for payment transactions for goods and services.
Tether, a token fixed to dollar by an exchange Bitfinex gained a wide popularity, which even is the most popular stable coin in most of exchanges.
Terra would not only be limited to exchanges but also would be a token for payment transactions for goods and services.
That will be a very good move by these giant exchanges, we need such a stable coin with true transparency to power so many online shops for the sale and purchase of goods and services, other volatile currency cannot serve that purpose.
Maybe other exchanges do the same, Make more tokens out of the thin air to sell. 
Wounder if they will stop supporting tether (USDT) when this arrives, that would also interesting 
