BUSD

Dogecoin

First Digital USD

TrueUSD

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<p>Binance, the world’s largest cryptocurrency exchange by trading volume, <a href="https://www.binance.com/en/support/announcement/binance-adds-doge-fdusd-sol-fdusd-tomo-try-unfi-try-xrp-fdusd-trading-pairs-bdf3c05fdcee4456984aa18079a6e8a8" rel="noopener noreferrer nofollow">announced</a> it will add new trading pairs, including XRP and Dogecoin matched with First Digital USD (FDUSD), starting Sept. 7 at 08:00 UTC.</p> 
<p>This announcement comes alongside the addition of other trading pairs like TOMO/TRY, and UNFI/TRY.</p> 
<h2 id="diverse-use-cases">Diverse use cases&nbsp;</h2> 
<p>Introduced in June 2023, FDUSD is a reserve-backed stablecoin issued by FD121 Limited, a subsidiary of Hong Kong-based financial firm First Digital Limited.&nbsp;</p> 
<p>The stablecoin operates on both <a href="https://u.today/ethereum-eth-price-analysis-for-september-3?amp" rel="noopener noreferrer nofollow">Ethereum</a> and <a href="https://u.today/bnb-smart-chain-upgrade-and-hard-fork-to-happen-on-aug-30-what-to-know" rel="noopener noreferrer nofollow">BNB</a> Chain networks.&nbsp;</p> 
<p>First Digital USD is designed to maintain a stable value, backed by an equivalent amount of cash or cash equivalents, held in reserves by its custodian, First Digital Trust Limited.&nbsp;</p> 
<p><a href="https://u.today/binance-ceo-criticizes-tether-usdt-heres-why?amp" rel="noopener noreferrer nofollow">FDUSD</a> offers various use-cases including efficient cross-border remittances, payment solutions, and utility in decentralized finance (DeFi) applications.</p> 
<h2 id="waiving-fees">Waiving fees&nbsp;</h2> 
<p><a href="https://u.today/binances-cz-says-bitcoin-is-traceable?amp" rel="noopener noreferrer nofollow">Binance</a> recently added First Digital's FDUSD stablecoin to its trading lineup and is offering zero trading fees for Bitcoin and Ether paired with FDUSD. This move comes as part of Binance's strategy to diversify stablecoin trading volumes, especially after regulatory issues impacted its Binance USD (BUSD) earlier this year. The exchange also waived fees for TrueUSD (TUSD) trading.&nbsp;</p>

Binance Adds XRP and Dogecoin to FDUSD Trading Lineup

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