Cryptocurrency exchange Bitfinex announced about expansion of opportunities of trading with steilcoom USDT by adding support for transactions in currency pairs with cryptocurrencies – BTC/USDT and ETH/USDT under the Ticker BTCUST and ETHUST, respectively. Earlier operations on the USDT platform was carried out only in a pair with the American dollar, and a new step was taken to optimize the interexchange of market-making.
We are pleased to announce the launch of USDT markets for both Bitcoin (BTCUST) and Ethereum (ETHUST) in an effort to optimise cross-pair market making capabilities.
Read the full announcement here: https://t.co/CDUWIlfqzv
— Bitfinex (@bitfinex) March 11, 2019
Recall that the marginal trade in a pair USDT/USD was running on Bitfinex in December last year as “an important step in risk management, but also in revealing opportunities for hedging stablename”.