Bittrex announces support for USD pairings for two more cryptocurrencies on September 5th, Cardano (ADA) and Zcash (ZEC). These coins join the other six coins to have USD pairings (BTC, ETH, ETC, USDT, TUSD, XRP).
While this does not exactly compete with Coinbase, USD pairings on Bittrex are mostly for corporate customers, it is good to see different currencies receive USD pairings on a well-known exchange. They have kept their word by continually adding more USD pairings and it will be a matter of time before we learn the next wave of coins to have USD pairings. In the past week, Cardano (ADA) is up about $.005 and Zcash (ZEC) is up about $16.
“As an incubator and leading advocate of blockchain technology, Bittrex is committed to listing tokens that not only have the best business applications but also are the most innovative blockchain projects in the world. Expanding fiat markets to the top digital currencies on our exchange should further drive adoption of this revolutionary technology by providing customers even more options for purchasing and trading digital currencies in a secure, robust and reliable environment with high liquidity.” -Bill Shihara, Bittrex CEO