OKX has announced the addition of the USDC/EURC trading pair to its spot market, with trading scheduled to commence on September 13, 2024. The Euro-backed stablecoin, EURC, issued by Circle, will be fully integrated into the platform, providing users with a stable digital currency option.
The timeline for the listing is as follows:
- EURC deposits open on September 12, 2024, at 11:00 am UTC.
- EURC call auctions will take place from 7:00 am to 8:00 am UTC on September 13, 2024.
- USDC/EURC spot trading goes live on September 13, 2024, at 8:00 am UTC.
- EURC withdrawals will be available starting from September 14, 2024, at 10:00 am UTC.
EURC is a fully regulated, euro-backed stablecoin with a 1:1 backing by euro reserves held in prominent financial institutions, ensuring transparency and liquidity for European and global markets.
- Asset name: EURC
- Ticker: EURC
- Contract address: 0x1aBaEA1f7C830bD89Acc67eC4af516284b1bC33c
This move is expected to enhance liquidity for EURC users and expand stablecoin options on OKX’s spot trading platform.