The second half of 2018 has been all about Stablecoins as there have been successful in grabbing eyeballs of everyone in the cryptocurrency world be it businesses, exchanges, traders or investors. Trying to meet this growing demand, the United States-based digital asset platform, Poloniex announced several new trading pairs for
Binance, now the world’s third largest cryptocurrency exchange by bitcoin trading volume, is adding support for the recently launched stablecoin, USD Coin (USDC), this weekend. Binance announced Thursday that it will open trading pairs for the regulated, U.S. dollar-pegged token against its own token Binance coin (BNB) and bitcoin (BTC) on Nov.
On Monday the cryptocurrency payment processor Bitpay announced the company is now supporting settlement options using two stablecoins — the Gemini dollar and the Circle Centre coin. Not only can Bitpay merchants settle in BTC, BCH, and local fiat currencies, but they can also utilize a U.S dollar-equivalent digital currency.