Well, hell has frozen over folks – you read the title right: Poloniex Adds XRP/USDC and XRP/USDT Margin Trading Pairs.
Poloniex is a US-based digital asset exchange offering maximum security and advanced trading features. Customers can trade securely on the world’s most active digital asset exchange. The vast majority of customer deposits are stored offline in air-gapped cold storage. Poloniex only keeps enough online to facilitate active trading, which greatly minimizes risk and exposure. The Poloniex auditing programs monitor exchange activity 24/7/365. Their job is to report and block any suspicious activity before it becomes a problem. Any funds you put into the exchange are only used to facilitate trading through your account. Unlike banks, we do not operate on fractional reserves.
This morning we get the news that Poloniex has launched 9 new USDC and USDT margin trading pairs for non-US and non-EU customers. The two pairs that we all care about are listed below:
XRP/USDC (USD Coin)
While Poloniex still doesn’t offer any direct USD pairings with XRP – this is a massive first step. We firmly believe that sooner rather than later we will see USD paired to XRP on Poloniex. We believe all the top exchanges will have USD pairs for XRP. This is a step in the right direction regardless of the pairs just seeing XRP being added.