Binance announced it will list USDC as its second regulated stablecoin
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Binance announced Thursday that it is adding USDC, which joins Paxos as the second regulated stablecoin that the company added. Gemini dollar is the last regulated stablecoin missing from Binance.
Binance also lists Tether and TrueUSD. Binance said that users can now start depositing USDC and that it will first open trading for BNB and BTC trading pairs on November 17. Tether still dominates the share of volume on Binance with 91.5%, followed by TrueUSD at 4.8% and Paxos at 3.8%.
(Source: Binance)
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Larry joined crypto research full time in early 2017 and has expertise in capital markets, market structure and early stage DeFi companies/protocols and token economics. He has a background in economics and finance.
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