Harmony plans to support a wide variety of USD-denominated stablecoins which will allow for the easy transfer of value without volatility.
Binance USD (BUSD)
Binance USD (BUSD) is currently being tested and will be deployed on Harmony’s network.
The official announcement from Binance is still pending.
Carbon will be issuing a FDIC-insured USD stablecoin on Harmony’s network. This will allow for easy cross-border payments and undercollateralized lending. With CarbonUSD, ONE tokens will be able to be purchased using Apple Pay and credit cards easily. It’s a fiat on-ramp which allows you to transfer funds in under a minute.