The world's largest provider of Bitcoin portfolios, Blockchain, aims to conclude an association agreement with the issuer of steyblecoin by the end of 2019, reports The Block, citing the company's director. However, it is still not known which project will be chosen for cooperation.
Note that we are probably talking about adding stableblock support to Blockchain's Bitcoin wallet. According to CEO Peter Smith, most of the 32 million wallets are currently active. It is also worth noting that the company has previously invested in unnamed projects to develop steyblkoinov.
According to the representatives of the publication, the most likely candidate is Paxos Standard (PAX), which Smith himself mentioned.
Blockchain was founded in 2011. During its existence, it managed to attract around $ 70 million from Richard Branson, Digital Currency Group (DCG) and Google Ventures.
Smith argues that the purpose of Blockchain is not only to simplify the investment in Bitcoin, but also to improve financial services as such.
"We are absorbed in the concept of steablokoins, they provide the opportunity to provide everyone with an analogue bank account in dollars, there is no bank with 30 million accounts, and at the same time, the user's financial sovereignty is completely preserved."– said Smith.
Recall that, in November last year, Blockchain announced the launch of 500 million star coins.
Subscribe to ForkLog news on Telegram: ForkLog Live – the complete news source, ForkLog – the most important news and surveys.
Did you find an error in the text? Select it and press CTRL + ENTER
Subscribe to the news Forklog