On December 4, a crypto exchange Bitfinex announced that starting that day customers of Bitfinex and Ethfinex will be able to trade all six major stablecoins on both exchanges.
Now, in addition to Dai (DAI) and Tether (USDT), which were available on exchanges, users have access to USD Coin (USDC), True USD (TUSD), Paxos Standard Token (PAX), and Gemini USD (GUSD).
All stablecoins on Bitfinex and Ethfinex will be traded against USD.
As previously reported, Bitfinex users are now able to trade Tether-fiat directly on the platform through the addition of USDT/USD and EURT/EUR Tether trading pairs.
Additionally, customers are now able to redeem their USDTs to USD directly through the newly-updated Tether.to platform. The Tether website now supports full account verification whilst allowing for direct Tether-to-fiat conversions at a fixed 1:1 rate.