ErisX Starts to Expand Spot Market with USDC listing

  • Issued by regulated financial institutions, and backed by fully reserved assets, USD Coin (USDC) is governed by Centre, a membership-based consortium that sets technical, policy and financial standards for stablecoins. Circle is the principal developer of USDC. Each USDC is backed by dollar assets subject to U.S. prudential regulations.
  • USDC tokens leverage blockchain technology for a more efficient way to transfer dollars compared to traditional banking infrastructure.
  • Circle’s approach to creating a dollar digital currency with a focus on compliance, oversight, and transparency with reserve attestations is consistent with ErisX’s operations and ethos.

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