Babel Finance, the crypto financial service provider, has decided to introduce a decentralized stablecoin, called “Babel Recovery Coin”, arguing that the new stablecoin could help resolve the debts of almost $766 million the crypto lender owes to creditors resulting from 2022’s crypto winter. Yang Zhou, the co-founder of Babel Finance filed a petition for protection The post Babel Finance Invents Babel Recovery Coin to Solve Debt Crisis appeared first on Coin Edition .