FDUSD Market Cap Jumps By 20% Following Binance Directive
The First Digital USD (FDUSD) stablecoin has recorded a significant rise in its market cap following an announcement by the Binance exchange
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FDUSD
Binance’s stablecoin FDUSD and DigiToads attracting investors
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance, the world’s largest cryptocurrency exchange, has launched a new stablecoin, FDUSD, backed by USD held in reserve by Binance. FDUSD intends to provide a dependable and steady option compared to other stablecoins like Tether (USDT)
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First Digital Group Launches FDUSD Stablecoin amid Hong Kong’s Regulation Move
FDUSD will not be used in Hong Kong until its stablecoin regulations are fully in place. First Digital Group announced the introduction of its USD stablecoin FDUSD. The company, which has its headquarters in Hong Kong, is launching the stablecoin on the Ethereum and BNB blockchains. Having a coin on multiple blockchains
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First Digital Unveils FDUSD Stablecoin as Hong Kong Crypto Rules Kick In
“The launch of this stablecoin represents a major stride forward in our mission to provide a secure and efficient digital currency that can be seamlessly integrated into everyday transactions,” Vincent Chok, CEO of First Digital, said in a release. Original Source
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