Ciara Sun, Vice President of Global Business at Huobi Group, said 2020 is the beginning of the “next phase of crypto. 2019 brought the first wave of institutional interest but 2020 is when we expect to see the industry mature with growing demand.”
Paxos and Binance to launch dollar-based stablecoin
Meanwhile, asset-backed PAX Gold hits market Thursday
Paxos Trust, the company behind stablecoin Paxos Standard, announced plans to launch two new asset-backed coins.