Altcoins Talks - Cryptocurrency Forum
Learning & News => News related to Crypto => Topic started by: jings009 on October 19, 2018, 03:06:04 AM
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Binance, the world's largest cryptocurrency exchange by adjusted volume, is actively looking to list more stablecoins in addition to the three it already supports, which include the recently beleaguered tether (USDT).
"We hope to be able to list a few more stablecoins on our platform," chief financial officer Wei Zhou told CoinDesk Thursday.
But that does not mean the Hong Kong-based exchange is souring on USDT, which lost its parity with the U.S. dollar on Monday and has yet to fully recover, trading at $0.976 on Thursday.
"As a whole, we believe things will even out. We will continue to support USDT," Wei said.
Indeed, Binance's interest in expanding its stablecoin options predates tether's breaking of the buck. The exchange added support for Paxos Standard (PAX) in late September, weeks before USDT lost parity, and TrueUSD (TUSD) back in May.
More here: https://www.coindesk.com/binance-stablecoins-tether-crypto/