Changpeng Zhao (CZ), founder and CEO of Binance, said in an AMA that “In addition to the stablecoin First Digital USD (FDUSD), there are new stablecoin partners to be announced soon. We will not disclose the specific details for the time being, but we will support multiple cryptocurrencies.
In addition, the Binance team is working hard to find larger traditional financial payment service providers in the UK or Europe, but these traditional financial service providers are still somewhat hesitant about cooperating with cryptocurrencies or Binance. We find that every time we lose a partner, there are always about 10 new institutions seeking to cooperate with Binance. So we are exploring many different new avenues. Hopefully we will be able to resume some services soon. In addition to this, we are also working hard to solve various challenges. "