Tether Becomes Second Crypto to Launch on Blockchain Futures Platform

Cointelegraph

Published Mar 28, 2020 06:46AM ET

Updated Mar 29, 2020 08:40AM ET

As the volume of Bitcoin (BTC) derivatives trading continues to rise, the cryptocurrency industry keeps tapping more crypto markets, like stablecoin Tether (USDT), for futures trading.

KuMEX, a derivatives arm of IDG-backed crypto exchange, KuCoin, is planning to roll out USDT-margined Bitcoin perpetual contracts on March 30, 2020, the firm officially announced on March 27.

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