Will List USD Coin (CRYPTO:USDC) on 2018/11/17
Hong Kong, Nov 16, 2018 AEST (ABN Newswire) - Cryptocurrency Exchange Binance.com (
CRYPTO:BNB) will open trading for USDC/BNB (CRYPTO:USDC) and USDC/BTC trading pairs at 2018/11/17 03:00 AM (UTC). Users can now start depositing USDC in preparation for trading.
Note: USDC is a stablecoin designed to be pegged one-to-one with USD (1 USDC = $1 USD). Please be cautious if/when the price deviates from this ratio.
Additionally, for increased transparency, USDC has engaged a top-ranking auditing firm to release monthly balance attestations of the corresponding USDC and USD balances held/issued.
Details:
USD Coin (USDC) is a fully collateralized US Dollar stablecoin based on the open source fiat stablecoin framework developed by Centre, a consortium founded by Circle and Coinbase. USDC tokens are ERC-20 compatible and can be used with any ERC-20 compatible digital wallet or service.
Customers from around the world can tokenize US Dollars into USDC and / or redeem USDC back into US Dollars with Circle (https://usdc.circle.com) and Coinbase (https://www.coinbase.com).
USDC is fully collateralized - every unit of USDC is only ever issued after a corresponding US Dollar is deposited in reserve bank accounts. Reserve funds are held with multiple US-based banks. USDC is built on openness and accountability, enshrined in the governance and technology standards effort of Centre.
Issue Price: $1.00
Total Supply: 143,349,722
To view the White Paper, please visit:
http://abnnewswire.net/lnk/BP0L09A6
About Binance
Binance (CRYPTO:BNB) is a cryptocurrency exchange with a focus on the Chinese market and other Chinese coins. Currently, it supports English and Chinese users. The Binance token (BNB) was created during the ICO event to fund the development of the Binance exchange.
Binance is capable of processing 1.4 mil orders/second, has multi-language support and has all the major coins available – BTC, ETH, LTC, BNB etc. Trading fee is 0.1%.
Binance Mission: Commit to offer the professional, secure and transparent one-stop service to users in digital currency industry.
Binance Scale: Binance has over millions registered users from over 200 countries and regions.
Binance official website:
https://www.binance.com
About USD Coin
True financial interoperability requires a price stable means of value exchange. CENTRE's technology for fiat-backed stablecoins brings stability to crypto. The initial implementation is USD Coin (CRYPTO:USDC), an ERC-20 token creating possibilities in payments, lending, investing, trading and trade finance — and the ecosystem will grow as other fiat currency tokens are added.
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