Binance Founder Says the Next Stablecoin Wave Will Be Built by Governments

Changpeng Zhao, founder of Binance, has confirmed he is working directly with multiple governments to launch local, fiat-backed stablecoins, positioning them as national currencies translated onto blockchains rather than private dollar substitutes. What’s changed isn’t the idea of stablecoins, but who is now building them. source: https://www.ethnews.com/binance-founder-says-the-next-stablecoin-wave-will-be-built-by-governments/