From today customers can access all major stablecoins at Bitfinex, as we introduce USDC, True USD, Paxos, and Gemini USD to our existing Tether and Dai offering.
Read more about our recent additions here: https://t.co/VCGSIfZbPd.
— Bitfinex (@bitfinex) December 4, 2018
According to the announcement, USDC, True USD, Paxos, and Gemini USD will now be offering alongside Tether and Dai.
This news comes a week after Bitfinex enabled fiat-Tether trading on the platform through the addition of USDT/USD and EURT/EUR trading pairs.
The listings bring Bitfinex in line with other major crypto exchanges in bringing a full suite of stablecoin offerings to their platforms. Most recently, Binance, the world’s most popular crypto exchange, announced the renaming and expansion of its Tether market to USDⓈ, which now includes a variety of popular stablecoins with an expanded assortment of trading pairs.
The decision to list additional stablecoins may help improve public opinion of Bitfinex’s co-management of Tether, which has been called out in the past for allegedly impacting the larger cryptocurrency market.
More: Bitfinex and Ethfinex list every major stablecoin in commitment to providing coin agnostic platforms
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.