@ClDvor
China’s nationwide blockchain project, the Blockchain Service Network, or BSN, will be integrating stablecoin support in 2021. Yifan He, CEO of Red Date Technology, a major tech company involved in the BSN development, told Cointelegraph that the project will soon start integrating stablecoins. Piloted in late 2019, China’s BSN is a state-backed initiative that intends to support medium-sized businesses in building and deploying blockchain applications. The exec explained that stablecoins will be used as payment for various services on the BSN ecosystem, including cloud resources. “Only stablecoins can make it much easier, quicker and safer,” the executive noted.
7 comments
Well, if the cryptocurrency will be adopted and used as a mode of payment it should be a stable coin it safer from volatility and fluctuations.
Exactly
Mass adoption is inevitable and I was expecting a move from Russia rather than China 😌
Wow, thanks for sharing the details
Heat 👍👍👍 is on✔️✔️✔️
Nice article dear
Interesting, Major Countries are beginning to Adopt the usage of Crypto.