RE: Another player with far more muscle I am afraid.18 May 2023 12:07
I hesitate to post being very non-technical, but isn't this big muscle stable coin tied to the GBP?
30th November 2021: "GSTechnologies Limited is pleased to provide an update regarding the progress of the Company's collaboration agreement with Wise MPay Pte Ltd.
GST has now successfully tested all four of the enterprise chains provided by Wise MPay (representing four digital currencies pegged to the US Dollar, the Pound, the Euro, and the Yuan), together with implementing a mainnet upgrade on the Coalculus platform, provided by Wise MPay. This marks the launch of the GS Money protocol. GST, through its wholly owned GS Fintech subsidiaries, will maintain its role as the sole issuer of GS Money digital currencies."