{"id":36729,"date":"2024-08-27T10:52:44","date_gmt":"2024-08-27T10:52:44","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/okx-adds-support-for-new-usdc-spot-trading-pairs\/"},"modified":"2024-08-27T10:52:44","modified_gmt":"2024-08-27T10:52:44","slug":"okx-adds-support-for-new-usdc-spot-trading-pairs","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/okx-adds-support-for-new-usdc-spot-trading-pairs\/","title":{"rendered":"OKX adds support for new USDC spot trading pairs"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/06\/1685642075605-f5f612ee-7400-4bc9-94c8-db0a21199938-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/06\/1685642075605-f5f612ee-7400-4bc9-94c8-db0a21199938-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/06\/1685642075605-f5f612ee-7400-4bc9-94c8-db0a21199938-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/06\/1685642075605-f5f612ee-7400-4bc9-94c8-db0a21199938-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li><span style=\"font-weight: 400\">OKX has introduced support for multiple USDC spot trading pairs <\/span><\/li>\n<li><span style=\"font-weight: 400\">They include ZK, LITH, ZERO, ZRO, XNO, ONDO and LQTY<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">Crypto exchange OKX has announced spot trading support for multiple tokens against the <a href=\"https:\/\/coinjournal.net\/learn\/what-are-stablecoins\/\">stablecoin<\/a> USDC.<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to an<\/span> <a href=\"https:\/\/www.okx.com\/help\/okx-to-support-new-usdc-spot-trading-pairs-8-27\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">announcement<\/span><\/a><span style=\"font-weight: 400\">, OKX has added USDC trading pairs for ZK, LITH, ZERO, ZRO, XNO, ONDO and LQTY among other tokens. Trading for these USDC pairs will begin on August 29, 2024, with tokens added between 6am and 8:30 am UTC.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cTo support the growth of the USDC ecosystem and meet our users\u2019 diverse trading needs, OKX is introducing the following USDC trading pairs in our spot trading between 6:00 am and 8:30 am UTC on August 29, 2024: CFG\/USDC, XNO\/USDC, LITH\/USDC, ZK\/USDC, LQTY\/USDC, ZERO\/USDC, ZRO\/USDC, ONDO\/USDC and G\/USDC,\u201d OKX notified its users.<\/span><\/p>\n<p><span style=\"font-weight: 400\">ZKsync, Ondo and LayerZero are among the notable altcoin addition to the USDC spot trading market on OKX. Earlier this month, the exchange added USDC trading pairs for Basic Attention Token, Balancer, Moonriver, Ampleforth Governance, wrapped Bitcoin and Alchemix among others.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The exchange also <a href=\"https:\/\/www.okx.com\/learn\/exciting-news-for-okx-customers-in-australia\" target=\"_blank\" rel=\"noopener\">recently added USDC<\/a>, USDT, Bitcoin and Ethereum trading pairs against the Australian dollar (AUD).<\/span><\/p>\n<h2><span style=\"font-weight: 400\">USDC stablecoin<\/span><\/h2>\n<p><span style=\"font-weight: 400\">USDC is a US dollar-pegged stablecoin redeemable 1:1 for USD and has its reserves custody with leading financial institutions.<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to USDC issuer <a href=\"https:\/\/coinjournal.net\/news\/circle-becomes-first-stablecoin-issuer-to-secure-license-under-eus-mica-regulations\/\">Circle<\/a>, the stablecoin\u2019s current circulating supply is $34.6 billion, while reserves stand at $34.8 billion.<\/span><\/p>\n<p><span style=\"font-weight: 400\">In terms of<\/span> <a href=\"https:\/\/www.circle.com\/en\/transparency\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">reserves<\/span><\/a><span style=\"font-weight: 400\">, there\u2019s $4.2 billion in cash and $30.6 billion in the Circle Reserve Fund, a SEC-registered US government money market fund. The reserve fund\u2019s portfolio includes short-dated US Treasuries, overnight US Treasury repurchase agreements as well as cash.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/okx-adds-support-for-new-usdc-spot-trading-pairs\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) OKX has introduced support for multiple USDC spot trading pairs They include ZK, LITH, ZERO, ZRO, XNO, ONDO and LQTY Crypto exchange OKX has announced spot trading support for multiple tokens against the stablecoin USDC. According to an announcement, OKX has [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":36730,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/36729"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=36729"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/36729\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/36730"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=36729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=36729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=36729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}