Gemini Adds USDC and USDT Transfers on Solana Network

US-based crypto exchange Gemini expands stablecoin transfer options by integrating Solana support for USDC and USDT.

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Summary

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Terms & Concepts
  • USDC: A US-dollar-backed stablecoin issued by Circle, pegged to the value of the U.S. dollar.
  • USDT: A popular USD-pegged stablecoin issued by Tether, widely used for trading and transfers in the crypto market.
  • Solana: A high-performance blockchain platform known for its fast transaction speeds and low fees, supporting decentralized applications and crypto transfers.