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Cryptocurrency main exchange Binance announced that it would list the USD USD (USDC) currency held by the USD USD in a blog post on November 15, with immediate opening of deposits.
The USDC, which the financial services company announced in May of this year and published in September, is one of a growing number of crypto-currencies closely tied 1: 1 with a higher legal currency.
Binance is not the first major platform to list the USC currency exchange, Coinbase in the US since last month.
"For greater transparency, USDC has mandated a senior audit firm to issue monthly balance sheet statements of the corresponding USDC and USD held / issued balances," adds Binance in his statement today.
The exchange also noted that trading for USDC / BNB and USDC / BTC trading pairs will start on November 17th.
Trade around the world has intensified efforts to support the stablecoin supported by fiat when more and more Cointelegraph are issued, reporting that the world's largest cryptic exchange OKEx and main competitor Huobi have recently chosen to list four stablecoins in USD at the same time.
Binance was not shy about his enthusiasm for the stablecoins, the chief executive Changpeng Zhao said that he "hopes more" will emerge when the exchange added Paxos' dollar asset pegging in September.
"Regulated stable coins [sic] serve as a middle ground in which regulators maintain control, but the token also offers much more freedom than traditional users, "he he wrote on Twitter at the moment, adding:
"I hope more copies / follow / better and also for other legal currencies".
Binance is currently the second largest cryptocurrency exchange in the world with 24-hour trading volumes, with over $ 1.5 billion in trade per day for printing.
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