Binance has injected more FDUSD into the market, potentially sparking a small Bitcoin (BTC) rally. This is the first inflow of FDUSD on Binance since August 23 and follows a series of token burns that limited the stablecoin supply.

TL;DR Binance has launched fixed-rate loans in USDC and FDUSD stablecoins, offering stability in borrowing costs. Loans for USDC have a fixed rate of 7.8%, and for FDUSD, 11%, with a minimum amount of 50,000 for both. Borrowers must repay the full loan amount before the due date to avoid late fees.

The stablecoin's ability to manage its supply in response to market changes demonstrates its adaptability.

FDUSD started to contract its supply, potentially sending a bearish signal. The stablecoin by First Digital has an outsized influence on Binance markets.

Current stablecoin metrics show that USDE, the popular yield-bearing stablecoin, has slipped to fifth place among the top U.S. dollar-pegged tokens by market capitalization. Over the past three days, Ethena's USDE supply has decreased by 130 million, pushing First Digital's FDUSD into the fourth largest spot.

Binance introduces FDUSD Locked Products offering a 15.9% fixed APR during a limited promotion period, enhancing user earning potential.

Binance P2P announces a promotional campaign offering 5,000 FDUSD in rewards for eligible users who have not traded since January 2024.

Binance Launchpool announces Dogs (DOGS) token, allowing users to farm DOGS by staking BNB and FDUSD. Trading to begin on August 26, 2024.

Binance launches a promotion offering 19.9% APR on FDUSD Locked Products, available from August 12 to August 22, 2024, on a first-come, first-served basis.

FDUSD, a prominent player in the stablecoin market, is experiencing a significant decline in total supply.

Binance launches a promotion offering a share of 50,000 FDUSD to selected users who complete deposit and trading tasks during the specified period.

Binance launches a promotion for FDUSD Simple Earn Flexible Products, offering up to 11.5% APR rewards for eligible users during the promotion period.

Binance, the world's largest cryptocurrency exchange, has revealed plans to introduce new FDUSD trading pairs for both cross margin and isolated margin trading. The exchange will list several cryptocurrencies including ALT (Altlayer), ETHFI (Ether.fi), IO (io.net), MEME (Memecoin), PYTH (Pyth Network), TNSR (Tensor), and TAO (Bittensor).

Binance Margin expands trading options by adding new FDUSD pairs on Cross and Isolated Margin, enhancing user experience.

Binance P2P announces a 15,000 FDUSD reward pool for users in the MENASA region, encouraging new and existing users to participate.

FDUSD's dominance has been waning since the end of the promotion, but it still remains quite prominent, on pace to make up 33.55% of spot trading in June.

Binance Margin introduces new FDUSD, USDC, and USDT trading pairs on Cross and Isolated Margin, enhancing user trading experience and portfolio diversification.

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.

Statistics indicate that the first digital usd (FDUSD), a recently introduced fiat-pegged token launched in August 2023, has risen to become the fourth-largest stablecoin based on market capitalization. Currently, FDUSD holds the fourth position in terms of 24-hour global trading volume. FDUSD Claims Fourth Spot Among Stablecoin Titans In the realm of U.S.

In a groundbreaking move, Binance, the world's premier cryptocurrency exchange, is set to redefine its futures trading platform by introducing FDUSD as a margin asset and bidding farewell to USDP. This strategic overhaul, slated to commence on March 8, 2024, at 09:00 (UTC), is poised to enhance the flexibility and robustness of Binance Futures for its vast user base.

Binance Futures is set to support FDUSD as a margin asset, replacing USDP in Multi-Assets Mode, enhancing the platform's flexibility for users.

The First Digital USD (FDUSD) stablecoin has overtaken Circle-issued USD Coin (USDC) as the second-most popular pair for Bitcoin during the last five months, thanks to the zero-trading fee program on Binance.

Binance Launchpool has added cross-chain gaming startup Portal for a new farming event. Users can earn PORTAL tokens by staking BNB and FDUSD over 7 days starting February 22nd.

FDUSD trading pairs have reached a new milestone just weeks before all BUSD balances will be converted to FDUSD.