Binance is about to add USDC-Algorand. This comes only a week after FTX added USDCa as well. Algorand transactions are going through the roof, big things coming down the pipeline we aren’t aware of?
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https://algoexplorer.io/transactions
Take a look it’s easy to see all the Binance transactions.
Algorand TPS has almost doubled. Over the last year or so Algorand would generally process 800k to 1.2M transactions per day, over the last 24H Algorand has processed 2.2M.
This is honestly huge, as a huge Algorand fan I’ve been waiting for Algorand Standard Asset integration into centralized exchanges forever.
Now that USDCa is added, any and all ASA’s on Algorand can be added as well.
This is a huge moment for Algorand and USDC.
Additionally, the annual Algorand event called Decipher is featuring Sam Bankman-Fried of FTX and Benjamin Ampen of Kraken MENA(Middle East + North Africa) and Richard Teng of Binance MENA.
https://decipher-dxb.com/speakers.html
Big things happening globally with Algorand that we are unaware of?
FIFA is right around the corner. I’m sure FIFA wants easy on/off ramps for their NFT marketplace built on Algorand.
Either way, this opens up HUGE opportunities for large businesses to move USDCa around easily.
submitted by /u/gigabyteIO
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