Binance adds 4 stablecoin pairs, making stable coin cross-trading easier

13 Feb, 2019
News
Binance adds 4 stablecoin pairs, making stable coin cross-trading easier

Binance have announced the addition of four stable coin pairs in an effort to making cross trading of stable coins easier for traders. 

Binance have announced that they have added four stable coin trading pairs to their trading platform. 

The four pairs include USDS/USDT, USDS/PAX, USDS/TUSD and USDS/USDC. The four trading pairs will be open for trading from 10:00 AM UTC on 14 February. 

The addition of the four stable coin pairs will give users the ability to trade between stable coins, making it easier to ensure you have the stable coin of choice. 

Binance currently offers all four stable coins as trading pairs. The addition of trading pairs between the stable coins will allow users to literally swap the stable coins for the stable coin of choice. Instead of having to sell back to BTC or Ethereum for example, and re-sell into their coin of choice. 

The announcement on twitter recieved a lot of questions as to 'why' an exchange would need stable coin pairs. The pairs most likely will not be used by many, except those looking to swap stable coins to move to other exchanges. 

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