Robinhood’s Move Against Binance: Lists USD Coin (USDC)

The US-based crypto exchange Rohinhood announced USD Coin (USDC) as the first stablecoin to list.

Robinhood made a post on his official Twitter account. in the statementannounced that they have listed the USDC stablecoin. Recently Binance and wazirx exchanges such as remove USDC from trading pairs and automatically balance USDC balances. BUSDIt had been on the agenda to turn them into .

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Tornado CashBanned by US institutions and successively Circle company was also known to comply with these bans and block certain Tornado Cash addresses. At this point, USDC, which is known to belong to the Circle company, decentralization He looks like he’s stuck in the middle of the war. Although it is not known whether the Tornado Cash events were the reason behind Robinhood’s selection of USDC as the first stablecoin to be listed, it created such an impression on users’ minds at first glance.

The delisting of USDC by high-volume exchanges like Binance had a negative impact on the stablecoin’s volume. USDC, which is the fourth largest stablecoin in the crypto market and the second most voluminous stablecoin, is a long-standing competitor to gain the trust of the market and USDTIt needs to cooperate more and gain trust in order to get ahead of .

The article titled Robinhood’s Move Against Binance: Lists USD Coin (USDC) was prepared by Tugay Erdem and published on koinbulteni.com.


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