The cryptocurrency exchange Bitfinex, and its Ethfinex trading platform, Ethfinex, announced earlier that it will place four types of stable currency linked to the US dollar, including USD Coin (USDC), TrueUSD (TUSD), Paxos Standard (PAX) and Gemini Dollar. (GUSD).
Together with Tether (USDT) and Dai, the two trading platforms support a total of six stable currency trading services. Bitfinex wrote in Medium, “We are dedicated to providing a high quality, unbiased meeting place for every ecosystem and customer…All stablecoins on Bitfinex and Ethfinex will be traded against USD.”
The stable currency has gradually been accepted by the market. The USDC that Bitfinex has put on this list has been adopted by many exchanges, including Binance, the world’s largest cryptocurrency exchange, and Japan and South Korea exchanges such as Liquid and Korbit.