Crypto Pound-backed Stablecoin by the LBX

Crypto Pound-backed Stablecoin by the LBX

The London Block Exchange (LBX) has received support from an unknown banking partner to launch the virtual currency backed by the Pound Sterling LBXPeg. The CEO of LBX, Benjamin Dives commented, “OTC trades in the London market, then commonwealth exchanges where they don’t have fiat banking, and then securities tokens who want to pay dividends in a cryptopound.”

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