Cryptocurrency exchanges Bitfinex and Ethfinex now support trading for all six of the market’s major stablecoins. Adding to its support for MakerDao’s Dai and Tether’s USDT, the sister platforms recently listed USD Coin (USDC), TrueUSD (TUSD), Paxos Standard Token (PAX) and Gemini USD (GUSD). All stablecoins available on the exchanges will be traded against the U.S. dollar.
Launched in 2018, Ethfinex is Bitfinex’s ERC-20 exchange arm. Built for trading Ethereum tokens, the exchange is centralized at the moment, but the team plans to transform it into a decentralized exchange in the future.