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Binance launches Eid al-Adha challenge offering 1 BTC and 30,000 FDUSD in rewards.

Binance introduces the Rising Stars Challenge in the MENASA regions, offering users a chance to win 1 ETH and share 11,000 FDUSD in rewards.

Binance unveils IO.NET (IO) on Launchpool, allowing users to stake BNB and FDUSD to farm IO tokens.

Synthetic USDe offers traders a way to hedge against market volatility and manage risk more effectively when trading on margin.

Ethenas' synthetic dollar, USDe, has quickly reached a $3 billion supply just four months after its launch.

Despite having no profiting outlook, stablecoins are part of every single investor, and there is more than one reason behind that. These are easily understandable by their name, Stablecoins, as in a comparatively stable cryptocurrency.

Binance Pool now accepts USDC and FDUSD for cloud mining purchases.

The stablecoin market has experienced modest growth over the past two weeks, with valuations increasing by approximately $590 million. Among the top five U.S. dollar stablecoins, Ethena's USDE saw the largest supply growth, rising 17.5%. In contrast, First Digital's FDUSD experienced a 29% supply decrease.

Binance has introduced a promotion for their new Spot Copy Trading feature, with a reward pool of 100,000 FDUSD in token vouchers.

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Over the past 19 days, the stablecoin economy has stabilized with negligible growth after reaching the $160 billion threshold at April's end. Out of the top five, FDUSD is currently the frontrunner in terms of 30-day growth, showing a 15.3% increase in supply.

April volumes shrank slightly as FDUSD and USDe had their best months ever, a sign the market is primed to grow more.

As fiat assets flow into the blockchain world, investors seek the best stablecoins, recognizing their role in future finance.

In a recent development, Binance's OMNI Launchpool reported deposits of FDUSD stablecoin that significantly surpassed its official total circulation.

The fifth-largest stablecoin in the crypto economy by market capitalization, Ethena's USDE, temporarily detached from its peg on Saturday amid market declines. Data reveals that the token, designed to mirror the U.S. dollar's value, declined to $0.965 each. Similarly, the market witnessed the fourth largest stablecoin, FDUSD, fall to a low of $0.9557 per coin.

The stablecoin issuer First Digital Labs has announced its intention to debut its dollar-pegged token FDUSD on the Sui network. This collaboration is described as a “strategic alliance aimed at enhancing liquidity and efficiency of transactions.

First Digital Trust, a stablecoin issuer based in Hong Kong, announced its plans to expand the US dollar-pegged FDUSD stablecoin to the Sui (SUI) blockchain.

The integration on Sui follows the expansion of the fourth-largest stablecoin on Ethereum and BNB.

First Digital Trust's stablecoin, FDUSD, is expanding to the Sui network after previous expansions to Ethereum and BNB Chain.

TL;DR FDUSD Expansion: First Digital Trust's FDUSD stablecoin is now integrated with the Sui blockchain, enhancing the DeFi ecosystem and reinforcing its position as a leading stablecoin. Regulatory Compliance & Growth: FDUSD adheres to Hong Kong's digital asset regulations and is backed by U.S. Treasury bills and bank deposits, maintaining a stable $1 value.

First Digital Trust, headquartered in Hong Kong, has recently announced a significant expansion of its FDUSD token, valued at $3 billion, onto the Sui blockchain. This strategic move follows the token's previous availability on both Ethereum (ETH) and BNB Chain (BNB), marking a pivotal step in extending the token's accessibility and utility within the cryptocurrency

FDUSD has quickly become the fourth-largest stablecoin since its launch in July under Hong Kong's digital asset regulations, benefitting from crypto exchange giant Binance's trading promotion.

Binance celebrates Ramadan with a special event, offering 50,000 FDUSD in trading fee rebate vouchers for users completing set tasks.

Binance announces the upcoming launch of Ether.fi (ETHFI) on its Launchpool platform, allowing users to farm ETHFI tokens by staking BNB and FDUSD. The decentralized staking protocol will be the 49th project featured on Binance Launchpool.