BitPay Has Added Two Stablecoins to the Listing

The service, which provides payment processing services for Bitcoin and Bitcoin Cash, BitPay reported on its official Twitter that it now supports USDBin Coin (USDC), which was created by the blockchain-based startup company Circle and Gemini Dollar (GUSD) launched by the Winklevoss brothers.

“The value of each of these coins is pegged to the value of the US dollar at a 1:1 ratio, so there's no risk of value change or price volatility for holders. Holders can redeem these "stable coins" directly for US dollars via Gemini (for GUSD) or Circle (for USDC) exchange accounts,” said BitPay representatives in their blog.

We remind you that on September 15, OKEx added four stablecoin to its listing: TrueUSD (TUSD), Gemini Dollar (GUSD), USD Coin (USDC) and Paxos Standard Token (PAX).