Tether Hasn’t Printed New USDT in Weeks: 3 Possible Explanations

Indeed, AXS, the latest hot token from Axie Infinity that hit a record high Wednesday, is available on Binance with trading pairs with USDT, Binance USD (BUSD) and BNB, according to CoinGecko, while there are almost no AXS/USDC trading pairs available on centralized exchanges. The trading pair of USDC/BUSD is another popular trading pair on Binance involving USDC; it is just behind USDC/USDT, BTC/USDC, and ETH/USDC by trading volume in the past 24 hours.