Dogecoin Gains Over 22%, Binance & Huobi Back Stable Coin Project – Aug 30th Cryptocurrency News

Bitcoin fell under $7,000 again and we saw other cryptocurrencies also experience losses over the past 24 hours. But Dogecoin gained more than 22% over the past 24 hours.

And in other crypto news, Some of the world’s biggest cryptocurrency exchanges are backing a $32 million stable coin project called Terra. These include Binance, Huobi, OKEx, and Dunamu & Partners. The stable coin is expected to be used as a payment solution.

Sources:
https://medium.com/strongholdxchg/stronghold-stellars-first-venture-backed-usd-anchor-30cf88fc3eb4

https://globenewswire.com/news-release/2018/07/04/1533269/0/en/STASIS-launches-EURS-a-stablecoin-backed-by-the-Euro.html

https://www.businesswire.com/news/home/20180829005292/en/Terra-Raises-32M-Seed-Funding-Build-Future

Post Author: CoinCryptoNews