Upbit Lists USDC Today at 1 p.m. KST

IconCryptoNewsTerminal Staff29 Aug, 2024

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Upbit Lists USDC Today at 1 p.m. KST

Upbit, a major South Korean cryptocurrency exchange, has announced that it is listing the USDC stablecoin today, October 14th, 2022. USDC is pegged to the value of the US dollar and is backed by a basket of assets, including cash and US Treasury bonds. The listing of USDC on Upbit is a significant development for the Korean crypto market. It provides a credible and safe option for users to buy and sell USDC, and it is expected to increase the liquidity of the USDC market.