In the recent IEO, the concept of LaunchPad under the popularity of the stable coin market pattern is also quietly changing.
The cryptographic money market reproduces signs of recovery, which, according to industry insiders, is bound to be linked to the general amount of money entering over the field.
The stable coin, as an important "gate" of the traditional financial world and the cryptographic money industry, has become the soldiers must for. IBM signed a letter of intent with six international banks to issue a stable currency on its payment network World Wire, and JP Morgan announced that it would issue JPM Coin;facebook also plans to issue its own stable currency. These stable coins are mainly circulated within large enterprises, users and their customer systems, and most cryptocurrencies investors are temporarily unable to enter through this route. Tether has long been criticized for its transparency and auditing issues, so in September 2018, the New York Financial Services Authority (NYDFS) approved two stable currency PAX and GUSD based on the ERC-20 standard of the etheric square, which, once approved, attracted wide industry attention, and today,
GUSD liquidity is poor, PAX far ahead, daily trading volume of more than 80 million U.S. dollars, and online including Binance, Huobi, OKEX, Bittrex and more than 40 exchanges, after half a year, PAX has become a stable coin market can not be ignored a part. Golden Finance gave an exclusive interview with Charles Cascarilla, chief executive and co-founder of Paxos, a company of PAX, to discuss topics related to PAX and the stable coin market from a number of perspectives.