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    Home » Former top manager Tether is developing a settlement service for steakcoin owners

    Former top manager Tether is developing a settlement service for steakcoin owners

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    By BlockchainJournal on February 5, 2019 News
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    The XBTO crypto-financial platform together with ex-Bitfinex manager and Tether Philip Potter are working on creating a clearing service for stablecoins, Stablehouse.io. It is reported by CoinDesk .

    The service will allow you to exchange steyblokoiny at a liquid market price with a fixed commission. Supported tokens will be USDT, GUSD, PAX, TUSD, USDC and DAI.

    “The centralized platform Stablehouse will solve the difficulties encountered when trying to exchange two incompatible steablecoin. This will increase the confidence of investors, developers and merchants, ”said Philip Behazi, interim head of service and founder of XBTO.

    Together with him, David Namdar, a founding partner of Galaxy Digital and SolidX Partners, will join the advisory board of the company, as well as the lead strategist of Blockstream Samson Moe.

    In the near future, the founders of Stablehouse intend to obtain a license from the Bermuda Monetary Authority.

    Recall that in November 2018, XBTO entered the "Association of digital market assets" to develop rules of conduct in the cryptoindustry.

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