OKX adds support for new USDC spot trading pairs

• OKX has introduced support for several USDC spot trading pairs
• This includes ZK, Lith, Zero, Zro, XNO, ONDO and LQTY

The okx crypto tour has announced support for the spot trade in several tokens against the stablecoin USDC.

according to a Announcement OKX has added USDC trading pairs for ZK, Lith, Zero, Zro, Xno, Ondo and LQty as well as other tokens. The trade for this USDC pairs begins on August 29, 2024, whereby the tokens are added between 6:00 and 8:30 a.m.

"In order to support the growth of the USDC ecosystem and meet the diverse trade requirements of our users, OKX introduces the following USDC trading pairs in our spot trade between 6:00 and 8:30 a.m. between 6:00 and 8:30 a.m. ZK/USDC, LQTY/USDC, Zero/USDC, ZRO/USDC, ONDO/USDC and G/USDC, ”Okx told its users.

The exchange also recently added usdc and Ethereum trading pairs compared to the Australian dollar (Aud).

USDC stable

USDC is a stable coin coupled to the US dollar, which can be redeemed 1-1 in USD and whose reserves are kept in leading financial institutions.

According to the USDC emittent Circle, the amount of the stable coin currently in circulation is $ 34.6 billion, while the reserves are $ 34.8 billion.

regarding There are $ 4.2 billion in cash and $ 30.6 billion in the Circle Reserve Fund, a US government registered with the SEC. The portfolio of the reserve fund comprises short-term US state bonds, circulatory agreements for US state bonds and cash.