RATE Group | Cryptocurrency News | Binance to add USDC Trading Pairs
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Cryptocurrency News | Binance to add USDC Trading Pairs

15 Dec Cryptocurrency News | Binance to add USDC Trading Pairs

Posted at 15:03h in Cryptocurrency News by

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Binance, the world’s largest cryptocurrency exchange recently in a blogpost announced it will list a few more USD Coin pairs and will also move its two existing USDC pairs into the merged stablecoin market known as USDⓈ.

This move involves the canceling of any trades that remain in these  two USDC markets USDC/BNB and BTC/USDC, basically they intend to clear the market and create a fresh and new market for the stablecoin. Both Stellar (XLM) and Ripple (XRP) will have USD coin pairs, besides to their existing stablecoin pairs.

As per the announcement, the pairs that are being created with USDC are BTC, ETH, XLM, USDT, BNB, EOS and XRP. And all of these pairs will be accessible via the USDⓈ market. However, they will not be accessible in the regular coin exchange of Binance and it has Ether and BTC as its primary base trading tokens.

The crypto exchange was clear and warned the users that the existing USDC/BTC and USDC/BNB trading pairs will be delisted and removed on December…

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