Home / Crypto News / New star table coin · USD Coin ($ USDC) expected on Binance (Binance) listed

New star table coin · USD Coin ($ USDC) expected on Binance (Binance) listed

The US dollar peg type coin · USD Coin ($ USDC) jointly developed by Circle and Coinbase is listed on the world’s largest exchange · Binance (Binance) .

According to the official announcement of the bin, it is said that the handling of the USDC / BNB (vinance coin) pair and the USDC / BTC (Bitcoin) pair will start from Noon on November 17 this month.

Tether (tethered / $ USDT) Under the influence of the collapse of Peg, Vinance calls on users to risk management “when paying USDC and US doll pegs out” when announcing USDC handling.

The exchanges also touched on the fact that USDC confirmed and reported monthly matches between US dollar reserves and USDC issued figures under the supervision of leading institutions, and appealed the credit quality of new coins.

In addition to binning, USDC is handled by OKEx, KuCoin, Poloniex, Huobi, etc. It is gaining popularity along with True USD ($ TUSD) , Gemini USD (GUSD) and Paxos Standard (PAX) .

USDC showed an overwhelming rise in transaction volume due to the listing on vinance in addition to a major market decline that continued since yesterday and the peg with the US dollar quickly disappears and it is 1.06 USD per USDC at the time of article writing.

USDC price chart. Overwhelming prices and transaction volumes are showing up in conjunction with market decline | From CoinMarketCap  

Author: Yuya 【Coin Desk News】 – Source Post: https://crypto-times.jp/Binance-lists-usd-coin/

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