Wemix(WEMIX) Plans to Support Exchange of WEMIX Dollar to USDC

Source
Minseung Kang

Summary

  • Wemix announced plans to support investors in exchanging their WEMIX Dollar for USDC.
  • Wemix reported plans to introduce PSM for a 1:1 exchange system between WEMIX$ and USDC.
  • The measure aims to stabilize WEMIX$, with plans to complete USDC supply within the first half of this year.

Wemix(WEMIX) announced that it plans to support investors in converting their WEMIX Dollar(WEMIX$) to USDC.

On the 28th, Wemix stated through its official channel, "We plan to introduce a system adopting the PSM(Peg Stability Module, 1:1 exchange) to allow users to stably exchange their WEMIX$ for USDC."

Wemix added, "The primary goal of this measure is the stabilization of WEMIX$, and the team is preparing to apply the PSM and complete the foundation's USDC supply within the first half of this year."

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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