Binance is the latest company to believe it can offer a better cryptocurrency than Facebook\u2019s Libra. Despite already having the Binance Coin (BNB), Binance has announced that it wants to introduce a new blockchain project that would concentrate on creating localized stablecoins across the globe. If the solution is anything like Libra, it might be neither a digital currency or a stablecoin, given that Facebook\u2019s solution has repeatedly been called out for not measuring up to the decentralization definition associated with crypto. Binance announced the new project in a blog post yesterday. It has dubbed the project Venus \u2013 an interesting name since the planet Venus does everything opposite to the standards. The planet rotates opposite the direction of most planets and has a generally hostile surface with no atmospheric magnetic field. Venus is \u201can initiative to develop localized stablecoins and digital assets pegged to fiat currencies across the globe.\u201d The company hopes it can be used to create new partnerships \u201cwith governments, corporations, technology companies, and other cryptocurrency companies and projects involved in the larger blockchain ecosystem, to empower developed and developing countries to spur new currencies.\u201d Binance already has a couple of stablecoin alternatives, the Binance BGBP Stable Coin, which is pegged to the British pound, and a stablecoin reportedly pegged to Bitcoin Core (BTC), the BTCB. Given the lack of stability in BTC, it\u2019s difficult to imagine how the BTCB could remain stable. The company adds in its post, \u201cBinance welcomes additional government partners, companies and organizations with a strong interest and influence on a global scale to collaborate with us to build a new open alliance and sustainable community. We encourage like-minded people and organizations to contact us and discuss the infinite possibilities of the digital world together.\u201d Binance may have chosen the name Venus to follow a pattern of starry-eyed stablecoins. If you haven\u2019t already noticed a pattern, Libra is tied to astrology, as is the Gemini stablecoin and Gemini exchange offered by the Winklevoss brothers. For those who aren\u2019t into astrology, Venus has been associated with self-indulgence, self-centeredness, vanity and superficiality. It can\u2019t be anything more than just a coincidence.