Huobi has announced it will list four U.S. dollar-pegged cryptocurrencies this week, making it the latest major exchange to do so in wake of recent issues surrounding the tether cryptocurrency.
In an announcement Tuesday, the Singapore-based exchange – currently, the fourth-largest by trading volume – said it will open deposits and withdrawals for TrustToken's TUSD, Circle's USDC, and two regulator-approved stablecoins: the Gemini exchange's GUSD and Paxos' PAX, on Oct. 19.
Huobi is also the fourth-largest trading platform for the trading of U.S dollar-pegged stablecoin tether (USDT), with $231 million-worth changing hands in the last 24 hours, according to CoinMarketCap data.