Name: First Digital USD
SKU: FDUSD
Price: 1.003363313663 USD

FDUSD can improve the efficiency of financial transactions by reducing transaction costs and improving the speed and accuracy of these transactions in a secure manner. FDUSD can also facilitate cross-border transactions and reduce the fees and processing times associated with traditional methods.The stability of a fiat-backed stablecoin is preserved through the maintenance of a 1:1 peg with the corresponding fiat currency. This is achieved by meticulously ensuring that the value of the reserve assets held matches or exceeds the total quantity of outstanding stablecoins. In essence, the reserves serve as a guarantee for the issuer's commitment to redeem the stablecoin at its nominal value. It is important to note that FDUSD operates under rigorous custodial arrangements.

First Digital USD

FDUSD provides users with a stable digital currency that is backed by fiat currency

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ADA/FDUSD and DOGE/FDUSD were included as new Isolated Margin Pairs on Binance.

CryptoPotato

Important Binance Update That Concerns Cardano (ADA) and Dogecoin (DOGE) Traders

"All you have to do is make a swap using your Binance Web3 wallet to qualify," the company explained.

What You Need to Know About the $500K Binance Airdrop

On Monday, Vincent Chok, Founder and CEO of First Digital, expressed gratitude for the tremendous growth of First Digital USD’s (FDUSD) market capitalization, which now stands at $1 billion. This achievement follows Binance’s announcement of transitioning from BUSD to FDUSD, a new contender in the largest exchange stablecoin arena. In an official press release on […]
The post FDUSD Hits $1B Market Cap as Binance Ceases Support for BUSD appeared first on Coin Edition.

CoinEdition

FDUSD Hits $1B Market Cap as Binance Ceases Support for BUSD

On Tuesday, bitcoin’s price soared past the $44,000 mark, peaking at $44,011 per unit. In the last month, the leading cryptocurrency by market capitalization has seen a surge exceeding 24%, and 17% in just the past two weeks. BTC Breaks Through $44K Barrier, Reaching Peak Levels Since Pre-Terra Crash This week, bitcoin has been on […]

Bitcoin News

Bitcoin Taps $44,000, Surpassing Meta and Berkshire Hathaway in Market Capitalization

In the recent surge in the cryptocurrency market, the BRC20 token ORDI has experienced substantial growth. This week, it reached a new milestone with its market capitalization surpassing the $1 billion threshold. The token’s value has soared by 676% in the past month and by 189% in just the last week alone. ORDI Token’s Meteoric […]

BRC20 Token ORDI Hits $1B Market Cap Amid Crypto Surge, Soaring 676% in a Month

Binance, the world’s leading cryptocurrency exchange, has introduced a zero-fee trading initiative for six FDUSD spot and margin trading pairs in the thick of the surge in the cryptocurrency market lately. Zero-Fee Trading Initiative By Binance On Tuesday, Binance announced its plans to launch zero-fee trading for six different cryptocurrencies pairing with the FDUSD stablecoin. […]

Bitcoinist

Binance Initiates Zero-Fee Trading For 6 Cryptocurrency Pairs

The largest crypto trading platform, Binance, has introduced a zero-charge trading system on six digital asset pairs for its users. According to a recent notification from the exchange, users can now trade spot and margin pairs of the stablecoin First Digital USD (FDUSD) at zero fees. Per the report, the zero fee applies to FDUSD […]
The post Binance Brings Back Zero-Fee for SIX FDUSD Pairs Including XRP, SOL appeared first on Coin Edition.

Binance Brings Back Zero-Fee for SIX FDUSD Pairs Including XRP, SOL

Binance has expanded its free trading options for the spot and margin trading pairs of the First Digital USD (FDUSD) stablecoin pairing with six digital assets, including BNB, Dogecoin, Chainlink, Ethereum, Solana, and XRP, according to a Dec. 5 statement. Binance users will see zero maker and taker fees for these pairs starting Dec. 8 […]
The post Binance looks to boost FDUSD adoption with fee-free trading for Ethereum, XRP, others appeared first on CryptoSlate.

CryptoSlate

Binance looks to boost FDUSD adoption with fee-free trading for Ethereum, XRP, others

Binance will launch zero-fee trading for XRP/FDUSD, SOL/FDUSD, and four other pairs.

Important Binance Announcement Affecting XRP and SOL Investors

Binance, one of the world’s leading cryptocurrency exchanges, has announced a momentous decision to reduce trading fees to zero on six highly sought-after FDUSD pairs.  Binance has stood the test of time to be a global crypto service provider amidst the ongoing crypto regulation tuffle with the United States. Just recently, Changpeng “CZ” Zhao stepped ... Read more

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