The new week in the cryptocurrency market began with an update from Binance, the world's largest exchange. It concerns meme coins and USDC pairs.
Binance's Meme Coin Update
Binance announced that three meme coins—dogwifhat (WIF), BONK and Floki Inu (FLOKI)—received updates with new trading bots. Spot Grid and Spot DCA bots are now available for these coins in pairs with USDC, which also means reduced fees for USDC pairs.
Deepening Binance's USDC Relationship
Recently, Binance reactivated support for the stablecoin USDC, and this relationship is deepening with the appearance of new pairs and tools. Reduced fees now apply to USDC spot and margin trading pairs.
Possible Reasons for Changes
Some experts suggest that the focus on USDC may be related to past challenges Binance faced with the SEC and the US Department of Justice, but the exact reasons remain unclear.
Binance's updates emphasize their intention to actively collaborate with USDC and maintain interest in meme coins. This may attract new investors.
