The End Of Tether? Exchange OKEx added four stablon

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Tokens, the value of which is pegged to the US dollar will be traded not only against bitcoin but in USDT, the price of which fell this morning to $0,92, although theoretically it should always be $1

Monday, October 15, cryptocurrency exchange OKEx announced the addition of four tablconv — TrueUSD, USD Coin, Gemini Dollar and Paxos standard Token. Deposit I only trade pairs with bitcoin and Tether starts on Tuesday. The ability to withdraw will be October 17.

This morning the cost of the token USDT sharply fell to an annual minimum of $0,92, it happened at the same time when the marketplace KuCoin announced the suspension of the cryptocurrency. Then, the exchange has returned to normal operation, and the cost Aldona rose – $0.95, which is 5% lower than the required price of $1.

All stabilini, who provided a trading platform, was launched in response to the need for a proven asset, the cost of which is pegged to the U.S. dollar. TrueUSD regularly publish the results of audits, the last of them was submitted on 1 October. Gemini Dollar and Paxos Standart Token supports the Department of financial services new York, USD Coin at the end of September presented the operator of the exchange Polonoex.

More news on cryptocurrency can be found in our telegram channel RBC-Crypto.

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