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Crypto Exchanges Bitfinex, Ethfinex List Package of Stablecoins

Virtual asset market Bitfinex and its sister Ethereum ERC20-orientated exchange Ethfinex have launched a package of US dollar-pegged cryptocurrencies. The moves were made simultaneously on Tuesday and came around two weeks after the United States Department of Justice (DOJ) began an investigation into Bitfinex and Tether (USDT) links and their alleged role in the manipulation of the Bitcoin (BTC) price.

Bitfinex and Ethfinex listed several of the new 1:1 US dollar collateralized coins: USD Coin (USDC), Gemini Dollar (GUSD), Paxos Standard Token (PAX), and True USD (TUSD). Both exchanges added one trading pair for all of the cryptos: with the US fiat currency. The four projects bring the total number of backed stablecoins on Bitfinex and Ethfinex to six as the pl…

This article appeared first on Cryptovest

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