Coinbase Adds Popular DeFi Token and Five Additional Altcoins to Roadmap, Makes USDT Available in 31 Countries


Coinbase just added six new altcoins to its listing roadmap, which puts the tokens on the path toward being listed on its burgeoning roster of tradable digtal assets.

The exchange says it plans to include the decentralized finance (DeFi) protocol Convex Finance (CVX), along with data monetization protocol Ocean Protocol (OCEAN), retail business-focused Pundi X (PUNDIX), decentralized exchange Injective (INJ), content streaming protocol Audius (AUDIO), and NFT project XMON (XMON) to its roadmap.

Transfers and trading of these assets will not be supported though until their listing is officially announced. 

“Assets added to the roadmap today: Convex Finance (CVX), Ocean Protocol (OCEAN), Pundi X (PUNDIX), Injective (INJ), Audius (AUDIO), and XMON (XMON).”

The firm also says that Tether’s USDT, the largest stablecoin in the world, is now available to users in 31 countries.

The countries include Australia, Benin, Brazil, Burkina Faso, Colombia, Costa Rica, Ecuador, El Salvador. Ghana, Guatemala, Hong Kong, Indonesia, Jamaica, Jordan, Kenya, Kuwait, Madagascar, Mali, Mexico, Mongolia, Nepal, Pakistan, Panama, Peru, Philippines, Serbia, Sri Lanka, Taiwan, Uganda, Venezuela and Zambia.

“USDT is now available to residents in 31 countries…Users can log in to buy, sell, convert, send, receive, or store this asset at, the Coinbase iOS and Android apps, on [the Coinbase exchange], Advanced Trade and Coinbase Pro.”

Last month, Coinbase CEO Brian Armstrong said the exchange aims to list as many crypto assets as possible, as long they meet the company’s standards.

“It’s kind of like Amazon or something like that where a product might have three stars or it might have five stars, but if it starts to get one star consistently, it’s probably fraudulent or defective or something and maybe Amazon will remove it. Otherwise, you want to let the market decide what these things are…

My belief is there’s gonna be millions of these assets over time, and so I hope it doesn’t make news every time we add one in the future, basically.”

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Featured Image: Shutterstock/solarseven


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