Exchange joined Circle as a partner to promote USDC

08.09.2022 Off By apos2t

Crypto Derivatives Exchange announced a partnership with Circle. At the request of the parties, on USDC spot pairs will be deployed, as well as additional integrations for customers will be offered.

In accordance with the agreement, will expand the list of spot pairs to include USDC. The Exchange declares its readiness to maintain customer awareness of the USDC and related products, as well as to ensure the conduct of conversion operations between US dollars and USDC.

Circle, for its part, promises to make every effort to help accelerate growth as a gateway for retail and institutional products with settlements in US dollars.

According to the parties, the study of the possibilities of expanded cooperation between and Circle started right after the crypto platform introduced USDC options, which became the first option contract with a stable coin margin on the market.

“After the success of the first experiments with USDC, it was advisable to continue our working relationship with Circle, which has a reputation for being open and honest in terms of its services and the development of advanced financial technologies”, explained the co—founder and CEO Justin Hance.