- After the integration, users will be able to swap BCH payments for the USDC stablecoin.
- Liquid will also be providing support for the Bitcoin Cash Register platform.
Japanese crypto trading platform, Liquid, has announced the launch of its BCH/USDC pair and the upcoming support for the Bitcoin Cash Register platform. After the launch, Liquid users will be able to trade Bitcoin Cash (BCH) against Circle’s USD-pegged coin USDC. In under a year (up until May 2019), Liquid has processed over $50 billion in transactions. The BCH/USDC trading pair support is a part of an effort to integrate Liquid into Bitcoin.com’s new Bitcoin Cash Register platform.
Bitcoin.com introduced the Bitcoin Cash Register for iOS and Android this year. This application enables the user to accept BCH at any location by tethering the app to a public address or an extended public key. At the time of the launch, Liquid said that the upcoming merger with the Bitcoin Cash Register app will be utilized through Liquid’s Quick Exchange API that allows merchants to swap one asset with another quickly.
Mike Kayamori, CEO of Liquid said:
“We have long been a supporter of the Bitcoin Cash ecosystem, with bitcoin cash traded on Liquid and also used as a funding currency for our initial exchange offering (IEO) platform.
We firmly believe in making cryptocurrency accessible for all and so we welcome the opportunity to help merchants around the world accept payments in bitcoin cash and get fast settlement in a regulated stablecoin like USDC.”
Roger Ver, CEO of Bitcoin.com was pleased to see Liquid integrate BCH/USDC:
“Bitcoin Cash is peer to peer electronic cash that is cheap, fast and reliable — We are very pleased with Liquid’s decision to add the BCH/USDC trading pair.”