Algorithm equivalent

According to reports, CZ said in the official Twitter Space of Binance that after the US regulatory crackdown, the cryptocurrency industry may move away from the stable currency linked to the US dollar and even re-examine the algorithm equivalent. At present, there is great pressure on the stable currency, which will narrow the dollar stable currency market, so the industry is exploring other options. We will see more stable currencies based on the euro, yen and Singapore dollar. The regulatory crackdown on the stable currency by regulators was partly caused…