Bitfinex, Ethfinex Add Four More USD-Backed Stablecoins

Published on by Cointele | Published on

The move follows the introduction of direct USDT-fiat trading in late November, through the addition of USDT/USD and EURT/EUR trading pairs on the Bitfinex platform.

That update was made in conjunction with the launch of direct 1:1 redemptions of USDT to fiat on Tether's platform.

The move from Bitfinex and Ethfinex places them into the ranks of major digital currency exchanges actively listing stablecoins on their platforms.

Last month, major crypto exchange Binance announced it would list Circle's USD-pegged stablecoin USDC, subsequently renaming its USDT Market into a combined Stablecoin Market.

In October, top crypto exchanges OKEx and Huobi both added four USD-backed stablecoins at once.

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