{"id":139617,"date":"2024-10-14T09:30:03","date_gmt":"2024-10-14T06:30:03","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=139617"},"modified":"2024-10-13T23:33:15","modified_gmt":"2024-10-13T20:33:15","slug":"okx-expands-trading-options-with-new-usdc-pairs","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/okx-expands-trading-options-with-new-usdc-pairs\/","title":{"rendered":"OKX Expands Trading Options with New USDC Pairs"},"content":{"rendered":"<p>This <strong><a href=\"https:\/\/www.okx.com\/help\/okx-to-support-new-usdc-spot-trading-pairs-10-14\" target=\"_blank\" rel=\"nofollow\">expansion<\/a> <\/strong>will occur today, October 14, featuring pairs such as AEVO-USDC, ATH-USDC, CATI-USDC, ETHFI-USDC, JUP-USDC, and ZETA-USDC.<\/p>\n<p>This move comes amid a less favorable outlook for stablecoin providers. A recent CCData report suggested that the stablecoin sector, including <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/usd-coin\/\">USDC<\/a> <\/strong>and others like <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/tether\/\">USDT<\/a> <\/strong>and <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/trueusd\/\">TUSD<\/a><\/strong>, may face difficulties following the Federal Reserve\u2019s first interest rate cut since March 2020.<\/p>\n<p>With nearly 80.2% of their reserves in US Treasury Bills, these stablecoins could experience a significant annual loss in interest income\u2014approximately $625 million for every 50 basis point reduction.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/avalanche-foundation-seeks-court-approval-for-avax-token-buyback\/\" title=\"Avalanche Foundation Seeks Court Approval for AVAX Token Buyback\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/06\/avax-avalanche-1.png\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Avalanche Foundation Seeks Court Approval for AVAX Token Buyback<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Tether, for instance, holds around $93.2 billion in US Treasury Bills and related agreements, which contributed to a $5.2 billion net profit in the first half of 2024. In comparison, USDC has $28.7 billion in Treasury Bills via its Circle Reserve Fund, while FDUSD, PYUSD, and TUSD collectively manage Treasury assets totaling around $3 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto exchange OKX is set to enhance its offerings by launching six new trading pairs for USDC, the second-largest stablecoin by market capitalization.<\/p>\n","protected":false},"author":9,"featured_media":81507,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-139617","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>OKX Expands Trading Options with New USDC Pairs<\/title>\n<meta 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