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The cryptographic wallet provider Blockchain.com is looking to badociate with an anonymous stablecoin project by the end of 2019, revealed the company 's CEO, Peter Smith, in an interview with the company. crypto agency The Block, January 21st.
Blockchain.com, which would provide 32 million portfolios, most of which were active to date, plans to list a stablecoin on its platform.
In the interview, the CEO of Blockchain.com pointed out that the strong competition existing in stabilized coins will make the market even more active than it is today. Smith was quoted as saying that the firm "will soon be settling in", saying Blockchain.com was "not there to facilitate investment in Bitcoin (BTC)".
Smith explained his positive stance towards stable currencies, suggesting that the largest cryptocurrencies had become a means of investment rather than a transaction tool. He continued:
"For us, bank notes give us the power to give everyone a US dollar check account. […] There is no competing bank with 30 million bank accounts. At the same time, we will do so in a way that allows them to control their funds while remaining financially sovereign. "
Although Smith did not provide specific details on the proposed partnership, he indicated that Blockchain.com had already invested in a number of still undisclosed stablecoin projects. He also discussed the major currencies, including Tether (USDT) and Paxos (PAX), pointing out that the latter is acquiring the largest volume of transactions and cash.
In November 2018, Blockchain.com fully launched Stellar altcoin support (XLM) on its platform, claiming that the company had decided to choose cryptocurrency because of its scalability capability , as well as its ability to create custom tokens. Previously, she listed Bitcoin, Ethereum (ETH) and Bitcoin Cash (BCH).
According to the report, Blockchain.com has made 100 million transactions since its inception in 2011 and initially raised $ 70 million from companies such as Digital Currency Group and Google Ventures.
In June 2018, Blockchain, com launched an institutional trading platform including an over-the-counter (OTC) trading desk, with over-the-counter services apparently managed by BPS by a team of Goldman Sachs, JP specialists. Morgan and UBS.
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