Poloniex introduces new asset pairs for Tether and USDC
Cryptocurrency exchange Poloniex has announced the introduction of seven new asset pairs, with three markets tied to USD Coin (USDC) and four tied to Tether (USDT).
The new USDC pairs include EOS/USDC, DASH/USDC, ETC/USDC. Meanwhile, Tether pairs include BCHSV/USDT, BCHABC/USDT, GRIN/USDT, DGB/USDT.
To decide upon a listing, Poloniex uses The Circle Asset Framework. It takes into consideration whether a cryptocurrency project “align[s] with the core tenets of the cryptocurrency community.” It also looks into the technology it uses, the team behind it, business model and the market dynamics.
The exchange has also recently started offering fiat-to-crypto trading. Users can now buy tokens using their bank accounts as well as via debit or credit card payments. Up until now, the platform offered solely crypto-to-crypto trading.