OKEx To Launch Tether Margin Futures Next Month
Main page News, Cryptocurrency Exchanges, Stablecoins

OKEx, a Malta-based crypto trading platform, has just announced it plans to launch Tether (USDT) margin futures in October this year, The Block reports citing a company spokeswoman.

Even though the launch will take place in just a few weeks, the exact date has not been revealed. In addition, the spokeswoman has not made reference to any specific characteristics of this new investment instrument, although she has promised more details will be revealed soon.

Ihodl has recently reported that the Korean division of the crypto trading platform intends to delist all privacy-centered coins from the exchange: Monero (XMR), Dash (DASH), Zcash (ZEC), Horizen (ZEN) and Super Bitcoin (SBTC).

Earlier this month we also reported that Zhao Dong, Bitfinex's main investor, had said Tether plans to release a new version of the stablecoin USDT backed by a basket of commodities such as gold, oil and rubber.

At the same time, Bakkt, a subsidiary of Intercontinental Exchange (ICE), has just launched the trading of physically-settled bitcoin futures.

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