On the 29th of May the EXMO cryptocurrency exchange added ERC-20 token USD Coin (USDC) to its listing. Users of the platform are now able to trade in the following pairs USDC/BTC, USDC/ETH, USDC/USD, USDC/USDT.
Top-ups and withdrawals for these currency pairs are already available via the Wallet section.
USD Coin (USDC) is a fully collateralized US Dollar stablecoin based on the open source fiat stablecoin framework developed by Centre, a consortium founded by Circle and Coinbase. USDC tokens are ERC-20 compatible and can be used with any ERC-20 compatible digital wallet or service.
USDC is fully collateralized – every unit of USDC is only ever issued after a corresponding US Dollar is deposited in reserve bank accounts. Reserve funds are held with multiple US-based banks. USDC is built on openness and accountability, enshrined in the governance and technology standards effort of Centre.
USDC has a current market capitalization of $358 804 070 (according to coinmarketcap.com).
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