VICTORIA, Seychelles, May 9,
2024 /PRNewswire/ -- Leading cryptocurrency exchange,
Bitrue has today announced that it has completed the integration of
USD Coin (USDC) and Tether (USDT) on the NEAR Protocol Network.
Deposits and withdrawals will be opened at 8:00 UTC, May 10,
2024.
NEAR Protocol has integrated native support for USDC and
USDT, enhancing its utility and appeal to developers, traders, and
institutional players. This strategic move facilitates faster
transactions, boosts security, and simplifies the user experience,
eliminating reliance on third-party bridges. The integration is
expected to attract institutional investors, foster economic
growth, and position NEAR Protocol as a leader in blockchain
technology and decentralized finance (DeFi).
To commemorate the occasion, Bitrue will be hosting an "Ask Me
Anything" session on their Twitter account, with questions taken
directly from their user base. A call for questions from the
community has already been put out, and the most popular or
incisive questions will be asked to Altan
Tutar, a Core Contributor of NEAR Protocol on May 9, 2024 at 13:00
UTC. Additional flexible staking campaigns on Power Piggy
will also be launched thereafter.
NEAR protocol is an established cryptocurrency organization that
has already entered into partnerships with major web3 firms
including Polygon and EigenLayer, as well as with tech giants such
as Alibaba and Google. Their revolutionary technology enables
extreme abstraction of interchain operability in the web3 space,
allowing developers to easily leverage the most powerful aspects of
all blockchains, and for consumers to interface with their
technology without even realizing that they are using blockchain at
all.
"It's always a great pleasure to welcome a new member into
Bitrue, and with NEAR we're thrilled to list a project that already
boasts such a robust infrastructure and enthusiastic community."
said Robert Quartly-Janeiro, Chief
Strategy Officer and Spokesperson for Bitrue, before adding, "More
news of upcoming partnerships will be shared very soon."
NEAR has had a very successful Q1 in 2024, with its price
outpacing many stalwarts in the space such as Bitcoin and Ethereum,
and its adoption growing by 42% as measured by daily active
addresses.
Bitrue has planned for a very aggressive 2024, identifying and
listing coins at a rapid pace that it believes will be of value to
its traders. New projects wishing to list on the exchange can
contact Bitrue directly, or find company representatives at all
major cryptocurrency conferences around the globe.
About Bitrue
Launched in July 2018, Bitrue is a
diversified digital asset exchange that supports trading, loans and
investments. Bitrue aims to utilize blockchain technology to bring
financial opportunities to everybody regardless of their location
or financial position. It has offices in Asia and Europe, and continues to develop new features
at a rapid speed to fully service the new wave of the digital
economy. More information is available at
Bitrue's website.
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