Cryptocurrency

Binance Approves TerraClassicUSD (USTC) against Tether USD (USDT) Trading Pair

Binance, the world’s largest crypto exchange by trading volume, has recently announced that it will add TerraClassicUSD (USTC) against Tether (USDT) trading pair.

The exchange disclosed this today via an official press release. It’s stated in the press release that trading of the USTC/USDT pair will open officially on the 10th of March 2023, at 08:00 AM (UTC).

It’s worth noting that this new development comes three weeks after Changpeng Zhao (CZ), the CEO of Binance, stated that the deppeged UST was poorly executed.

Read Also: Terra Classic Burn: Top Contributor Destroys 51.7 Million LUNC in One Transaction

As expected, the Terra Classic community members are excited about the new development, seeing it as a bullish fundamental for the crypto asset.

Rexyz, a prominent member of the fast-growing community, who shared the good news with his teeming Twitter followers said it is very positive for the Terra ecosystem.

Rexyz tweeted, “Massive breaking news. This is very positive for Terra Classic. Mr Diamond hands @cz_binance has approved Binance to add trading pairs for USTC / USTD. Thank you CZ.


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Solomon Odunayo

Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.

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