Binance exchange will launch Venus – rival of Facebook Libra

Binance exchange announced plans to initiate an open blockchain project called Venus in order to develop localized stablecoins and digital assets pegged to fiat currencies across the globe.

The exchange we quote “is looking to create new alliances and partnerships with governments, corporations, technology companies, and other cryptocurrency companies and projects involved in the larger blockchain ecosystem, to empower developed and developing countries to spur new currencies. “

We will have to see and watch now who will be launched first, Venus from Binance or Libra from Facebook. Libra has received a lot of critics and opposition since Facebook has a huge awareness and was in the middle of media attention in the Cambridge Analytica data scandal.

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