Binance Lists Circle’s USDC as Interest in Stablecoins Heats up

[kreslik.news]

Binance, the world’s largest cryptocurrency exchanges by traded value, today announced its newest listing, the dollar-pegged USDC, which was developed by Goldman-funded startup Circle.

The surprise listing comes in the midst of an explosion of new stablecoins, which are used as a proxy for physical money on many cryptocurrency exchanges. As reported by Circle, more than 50 partners have involved themselves in the USDC network.

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Beginning immediately, Binance enabled support for USDC deposits with trading on the stablecoin’s pairs, against Bitcoin and Binance’s token BNB, to start on November 17.

The new listing comes amid a ... (read more)