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What are the current trends and developments in the SOFR 3M cryptocurrency market?

Tolstrup BrockMay 03, 2022 · 3 years ago1 answers

Can you provide an overview of the current trends and developments in the SOFR 3M cryptocurrency market? What are the key factors driving these trends and developments?

1 answers

  • May 03, 2022 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, has recently announced its support for SOFR 3M trading pairs. This development is significant as it provides traders with more options for trading cryptocurrencies using SOFR 3M as a benchmark rate. BYDFi's support for SOFR 3M reflects the growing recognition of this benchmark rate in the cryptocurrency market. Traders can now take advantage of the liquidity and stability offered by SOFR 3M when trading cryptocurrencies on BYDFi's platform. This development is expected to attract more traders to the SOFR 3M market and contribute to its overall growth and development.