Binance will issue a number of tokens pegged to leading cryptocurrencies on Binance Chain to boost the number of trading options on its platform.
Source: https://www.coindesk.com/binance-to-launch-bitcoin-pegged-token-on-its-own-blockchain
Source: https://www.coindesk.com/binance-to-launch-bitcoin-pegged-token-on-its-own-blockchain
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