South Korea's largest cryptocurrency exchange, Upbit, has announced the listing of USD Coin (USDC) on its platform. The new listing will support trading pairs with the South Korean Won (KRW), Bitcoin (BTC), and Tether (USDT). This development is set to commence on August 30, 2024, at 13:00 local time. Upbit's decision to include USDC is seen as a strategic move to enhance trading accessibility and diversification in the South Korean market, potentially increasing liquidity and offering more trading opportunities for its users.
Upbit Flexes with USDC Listing: More Pairs, More Moves! Upbit just dropped USDC onto the scene, opening up KRW, BTC, and USDT pairs. The biggest crypto playground in SK is leveling up, and that means one thing: more liquidity and way more chances to stack that crypto stash.… https://t.co/OZOHboFaXy
Upbit Expands with USDC Listing: New Opportunities Ahead Upbit's move to list USDC with KRW, BTC, and USDT pairs signals a strategic shift towards more accessible and diversified trading options in the South Korean market. This isn’t just about adding a stablecoin - it’s about… https://t.co/7616wv3dMt
.@Official_Upbit announces $USDC/ $KRW, $USDC/ $BTC, $USDC/ $USDT support https://t.co/G1R5vO28aN https://t.co/PGt261z1dW