The Binance Exchange revealed that ORDI Perpetuals will be settled with the world’s second largest stablecoin USDC.
The financing fee computation frequency will take place every four hours. Up until April 3, 12:30 PM (UTC), users can trade any USDC margined futures contract and receive a 10% reduction on trading fees.
The Ordi token (ORDI) increased by 6% on the previous day as a result of the news. The item is currently selling at $72.6. According to CoinMarketCap, ORDI’s market capitalization increased by 5.6% to $1.52 billion, while its trading volumes increased by 13% to $159.46 million.
Digital assets known as tokens of the standard, or BRC-20, can be generated and transferred on the Bitcoin (BTC) blockchain through the Ordinals protocol. This standard allows you to record data in Satoshi and turn it into tokens.
This year’s spring saw the debut of the ORDI token, a meme coin that at first had no connection to the people who created the Ordinals protocol. But over time, the project grew to be the biggest among all other BRC-20 tokens, and it is currently the protocol’s main token.
