The announcement explains that the Liquid Network is really a settlement network connecting cryptocurrency exchanges, marketplace makers, brokers, and other economic institutions.
Crypto Exchange Seed CX Adds Support for 3 Stablecoins
The new stablecoin additions is often traded for U.S. dollars starting Could 17, and also the exchange is aiming to roll out trading pairs involving the stablecoins as well as other fiat currencies like the euro within the close to future. Seed CX CEO Edward Woodford commented on the impetus to add stablecoin alternatives: “Stablecoins are important within the ecosystem as they raise the velocity of movement of fiat equivalent assets 24/7 and had been requested by a variety of our trading participants.”
Bitcoin Touches $8,200, Gold Hits Its Highest Point Since April
Wednesday, Could 15 – All of the leading 20 coins are within the green immediately after seeing some losses more than the past day, with some reporting double-digit gains, as outlined by Coin360.
The Dow Jones Industrial Average reportedly closed up 115.97 points at 25,648.02 soon after falling as substantially as 190 points earlier inside the session. The S&P 500 gained 0.6% to end the day at two,850.96 when the Nasdaq Composite rose 1.1% to 7,822.15.