Binance Will Add Stablecoin USDC To Its Listing

Recently, one of the major crypto exchanges, Binance, has

published a notice

which says, Binance will open two new pairs for trading on November 17. Interestingly, those two pairs include a new-comer - USDC - stablecoin

backed by Circle

.

The trading pairs are USDC/

BNB

and USDC/

BTC

; the trading starts at 2018/11/17 03:00 AM (UTC). However, users are already able to deposit stablecoin in advance.

Moreover, Binance wrote there would be a “top-ranking auditing firm” to preserve the transparency of the stablecoin. Every month, the firm is bound to provide data of “

the corresponding USDC and USD balances held/issued.

”

We want to remind you, such crypto exchanges as

OKEx

,

Huobi

,

BitPay

,

Coinbase

have already listed USDC stablecoin on their listings.

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https://twitter.com/binance/status/1062902529011281920https://thecoinshark.net/dollar-pegged-stablecoins-exceeded-the-price-point-of-1/