{"id":27782,"date":"2024-08-27T22:00:53","date_gmt":"2024-08-27T19:00:53","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=27782"},"modified":"2024-08-27T12:18:10","modified_gmt":"2024-08-27T09:18:10","slug":"okx-expands-support-for-usdc-ecosystem-with-9-new-trading-pairs","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/okx-expands-support-for-usdc-ecosystem-with-9-new-trading-pairs\/","title":{"rendered":"OKX Expands Support for USDC Ecosystem with 9 New Trading Pairs"},"content":{"rendered":"<p>Chinese based <strong>OKX<\/strong>, one of the world\u2019s largest cryptocurrency trading platform has recently announced that it would be launching 9 new trading pairs with USDC. This action forms part of the broader effort of the exchange to support the USDC ecosystem and also meet varied trading needs of its clients.<\/p>\n<p>Last week, the exchange delisted 50 digital assets and now it decided to change the strategy, increasing the number of USDC pairs at OKX exchange. The newly listed trading pairs are to be launched on Thursday, August 29, during 09:00-11:30 TSI, or 02:00-04:30 ET in the USA, and during 08:00-10:30 CEST.<\/p>\n<p>The new USDC trading pairs are as follows:<\/p>\n<ul>\n<li>CFG\/USDC<\/li>\n<li>XNO\/USDC<\/li>\n<li>LITH\/USDC<\/li>\n<li>ZK\/USDC<\/li>\n<li>LQTY\/USDC<\/li>\n<li>ZERO\/USDC<\/li>\n<li>ZRO\/USDC<\/li>\n<li>ONDO\/USDC<\/li>\n<li>G\/USDC<\/li>\n<\/ul>\n<p>As stated by <strong>OKX<\/strong>, this change is intended not only to cover the diverse trading needs of the user base but also to support the development of the USDC ecosystem.<\/p>\n<p>Currently, <strong>USDC<\/strong> created by Circle is the second largest stablecoin with the market capitalization of approximately $34 billion, placing behind only to USDT with the market cap of $118 billion. The importance of USDC in the cryptocurrency industry can be manifested by the period of the banking crisis in the United States which occurred in the previous year and during which USDC experienced the lowest value of $0.80 and it is far from its established 1:1 equivalence to USD.<\/p>\n<p>Going forward, as OKX expands its platform capabilities, the exchange\u2019s emphasis on USDC illustrates that stablecoins are increasingly relevant in the larger cryptocurrency space.<\/p>\n<p><a href=\"https:\/\/accounts.binance.com\/en\/register?ref=B4DLQJE0\"><em>Binance Exchange Registration Link with 20% Commission Discount<\/em><\/a><\/p>\n<p><i><span style=\"font-weight: 400;\">You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our <\/span><\/i><a href=\"https:\/\/t.me\/coinengineernews\"><i><span style=\"font-weight: 400;\">Telegram, <\/span><\/i><\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\"><i><span style=\"font-weight: 400;\">YouTube<\/span><\/i><\/a><i><span style=\"font-weight: 400;\">, and <\/span><\/i><a href=\"https:\/\/twitter.com\/coinengineers\"><i><span style=\"font-weight: 400;\">Twitter<\/span><\/i><\/a><i><span style=\"font-weight: 400;\"> channels for the latest <\/span><\/i><a href=\"https:\/\/coinengineer.io\/news\/\"><i><span style=\"font-weight: 400;\">news<\/span><\/i><\/a><i><span style=\"font-weight: 400;\"> and updates.<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chinese based OKX, one of the world\u2019s largest cryptocurrency trading platform has recently announced that it would be launching 9 new trading pairs with USDC. This action forms part of the broader effort of the exchange to support the USDC ecosystem and also meet varied trading needs of its clients. Last week, the exchange delisted<\/p>\n","protected":false},"author":6,"featured_media":2947,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[657,11,1],"tags":[816,488,943],"class_list":["post-27782","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-en","category-exchange-news","category-genel","tag-okx","tag-stablecoin","tag-usdc"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>OKX Expands Support for USDC Ecosystem with 9 New Trading Pairs - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/okx-expands-support-for-usdc-ecosystem-with-9-new-trading-pairs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OKX Expands Support for USDC Ecosystem with 9 New Trading Pairs - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Chinese based OKX, one of the world\u2019s largest cryptocurrency trading platform has recently announced that it would be launching 9 new trading pairs with USDC. This action forms part of the broader effort of the exchange to support the USDC ecosystem and also meet varied trading needs of its clients. 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