Another exchange delists USDC amidst low liquidy. What in the world is going on here?
In contrast, BUSD has two trading pairs on WazirX, trading against the USDT stablecoin and the Indian rupee, with daily trading volumes amounting to $5,700 and $5,200, respectively.Circle co-founder says converged dollar books on Binance would be good for USDC
Launched by the regulated fintech firm Circle and crypto exchange Coinbase, USDC is the second-largest stablecoin by market capitalization, following USDT. At the time of writing, USDC’s market cap amounts to $50 billion, down more than $17 billion from the rival stablecoin USDT. BUSD, the third-largest stablecoin by value, has a market cap of $20.6 billion, according to CoinGecko.
from its platform. Similarly to WazirX, Binance said that it will auto-convert USDC, USDP and TUSD balances into BUSD to expand liquidity.
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