Binance, the world’s largest cryptocurrency exchange and the largest holder of the dollar-backed stablecoin tether (USDT), is considering adding a “few more stablecoins” to the mix.

Besides the currently troubled tether, Binance has offered Paxos Standard Token (PAX) since late September and TrustToken’s TrueUSD (TUSD) since May. Now, Chief Financial Officer Wei Zhou has told CoinDesk the exchange is considering adding the Winklevoss-backed Gemini Dollar (GUSD), among others. Competitor exchanges Huobi and OKEx have already done the same.

However, Zhou, perhaps remembering the tether delisting rumors that ensued when Binance temporarily halted trading in it earlier this week, stressed Binance still backs the coin. “As a whole, we believe things will even out. We will continue to support USDT,” Wei told CoinDesk. Read more here.

ThirtyK Staff
If you would like to contact the ThirtyK News Brief team, please email us at contact@thirtyk.com.