OKEx, one of the leading virtual currency trading platforms, said on Monday it would add four stablecoins to its roster later this week: Gemini Dollar (GUSD), USD Coin (USDC), Paxos Standard Token (PAX), and TrueUSD (TUSD). The move comes among Monday’s fuss regarding the situation of Bitcoin (BTC), and Tether (USDT) on Bitfinex.
GUSD, USDC, PAX, and TUSD claim to be 1:1 collateralized to the US dollar like Tether. OKEx opened deposit services for all four projects at 09:00 UTC on Monday. The exchange will support two markets for each of the coin – with Bitcoin and Tether. The spot trading will start at 06:00 UTC on Tuesday, and withdrawals will be enabl...
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