The London Block Exchange (LBX), a UK-based over-the-counter crypto-trader and exchange operator, announced on Friday plans to launch a new cryptocurrency pegged to the British pound. Dubbed LBXPeg, the stablecoin has already been approved by an undisclosed banking partner, which will be holding the one-for-one reserves of fiat money.
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
If you enjoyed what you read here, create your account today and start earning FREE STEEM!