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This is to comply with currency naming standards: https://en.wikipedia.org/wiki/ISO_4217 https://en.wikipedia.org/wiki/ISO_4217 Same reason XBT for bitcoin is

by irickt 9y ago

This is to comply with currency naming standards: https://en.wikipedia.org/wiki/ISO_4217 https://en.wikipedia.org/wiki/ISO_4217 Same reason XBT for bitcoin is prefered by some to BTC.