Binance Lists Trending Cryptos in USDC Pairs Ahead of Market Recovery
– Binance, the world’s largest crypto exchange, announced on July 31 the listing of trending cryptocurrencies in USDC trading pairs on both cross and isolated margin.
– The new additions include Jito (JTO), Lido DAO (LDO), Stacks (STX), EOS, and Nervous Network (CKB), among others.
– The announcement sparked immediate market reactions, with JTO rising 4% to $3.33, and LDO and STX each seeing a 3% increase.
– Binance also added Render (RENDER) to its loanable assets following its migration from the Ethereum blockchain to Solana.
One standout insight is the significant rise in Jito futures open interests, which surged by over 17% within the first four hours post-announcement, indicating strong trader interest and optimism.
As Binance continues to expand its trading options, the crypto market shows signs of cautious recovery, with traders eagerly awaiting the US Fed rate decision.
