- OKEx exchange announces addition of ten USDC crypto pairs including Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC).
- Following a successful start of the year, can Circle’s stablecoin challenge Tether (USDT) as the top stable crypto?
On Monday, March 23, 2020, one of the largest crypto exchanges, OKEx announced the addition of top 10 crypto to USDC pairs including BTC, LTC, ETH and XRP, ushering in a new chapter for the stablecoin. Being listed on OKEx exchange against the top crypto pairs is slowly setting the coin to a prime position to battle the dominance shown by Bitfinex-affiliated Tether in the past few years.
While the two stablecoins are separated by over $3.5 billion USD in market cap, USDCs recent developments shows Circle is ready to challenge the unshakable USDT. Some of the developments include provision of liquidity on Maker, providing APIs for businesses to boost mass adoption and increasing trading volumes – all of which were launched in 2020.
OKEx lists USDC against top crypto assets
In an official announcement, Malta-based OKEx announced the listing of Circle’s USDC against top crypto pairs; BTC, LTC, ETH, OKEx coin (OKB), Ethereum Classic (ETC), Bitcoin Cash (BCH), EOS, XRP, Tron (TRX) and Bitcoin SV (BSV).
SPOT TRADING: 10 new trading pairs against stable coin $USDC will be available very soon on OKEx Spot Trading market 📈
Pairs to be listed ⬇️
BTC/USDC, LTC/USDC, ETH/USDC, OKB/USDC, ETC/USDC, BCH/USDC, EOS/USDC, XRP/USDC, TRX/USDC, BSV/USDC
— OKEx (@OKEx) March 23, 2020
The ten pairs will start trading on the platform starting Thursday,