One of the leading crypto trading platforms – Huobi Group – is going to add four USD-backed digital coins this week. At the same time, the company does not plan to stop supporting Tether taking into account the recent events connected with this asset.
The company stated Tuesday that it would list TrustToken's TUSD, Circle's USDC, Gemini's GUSD and Paxos' PAX.
"Deposits of stablecoins Paxos Standard (PAX), TrueUSD (TUSD), USDCoin (USDC) and Gemini Dollar (GUSD) will be available on Huobi Global from October 19, 2018 (GMT+8). We’ll announce the start time and details based on market conditions at a later date," the press release reads.
As for Teather, the spokesperson of the Huobi Group commented that the platform would not take any measures to limit trading of Teather which is among the largest stablecoins in the market for now. And the company decided to add new stablecoins striving to provide clients with more trading options.
However, Huobi also welcomes institutional investors and OTC traders to join this segment citing generally small stablecoin market cap for now.
It worth mentioning that yesterday Hong Kong's OKEx reported about stablecion listing in the near term.