With Binance's backing, will FDUSD replicate TUSD's feat?
FDUSD traded at a premium to the world's largest stablecoin USDT briefly on 28 July, reflecting greater demand for the newly-listed asset.
Keep up with what's happening in the crypto world in real-time.
FDUSD traded at a premium to the world's largest stablecoin USDT briefly on 28 July, reflecting greater demand for the newly-listed asset.
First Digital Group, which includes First Digital Trust, one of Asia's leading qualified custodians and a registered trust company headquartered in Hong Kong, announces that its stablecoin, First Digital USD (FDUSD), “issued under the entity FD121, will debut and list on Binance, the world's largest
In an industry-defining move, First Digital Group, a prominent Hong Kong-based financial firm, made waves on July 26 with the announcement of its stablecoin, First Digital USD (FDUSD), getting listed on Binance, the world's largest cryptocurrency exchange by trading volume. FDUSD, issued by First Digital Trust's subsidiary FD121, presents a game-changing alternative to traditional assets in the face of surging market volatility.
As the stablecoin market economy witnessed a loss exceeding $3 billion within a 40-day span, several fresh stablecoin endeavors are emerging. Binance, the globe's leading exchange by trade volume, unveiled three new trading pairs attached to a stablecoin labeled first digital usd (FDUSD) in a recent blog post.
Binance has listed the new stablecoin First Digital USD (FDUSD) and is offering zero trading fees for select FDUSD pairs for a limited time.
Key Points: Binance revealed that due to unforeseen technical issues faced by FDUSD pairs' liquidity providers, they will be temporarily halting trading for First Digital USD (FDUSD). The decision comes as a precautionary measure to ensure utmost protection for their users and maintain the integrity of the trading process.
Hong Kong-based First Digital Group announced on July 26 that its stablecoin, First Digital USD (FDUSD), has been listed on Binance, the world's largest cryptocurrency exchange by volume.
Binance, the world's largest cryptocurrency exchange by volume, announced the listing of a new stablecoin called FDUSD. This decision comes amidst contrasting statements made by Binance CEO Changpeng Zhao (CZ) on the stability of stablecoins.
Binance listed First Digital USD (FDUSD) stablecoin on July 26, 2023, with zero listing fee.