Stablecoin

First Digital USD

Coin

<ul class="news-points"> 
 <li>Binance announced the addition of a new crypto with FDUSD stablecoin pairing.</li> 
 <li>Dogecoin, Solana, and Ripple are some of the coins featured.</li> 
 <li>Binance is allowing users to manually convert BUSD balance to FDUSD.</li> 
</ul> 
Leading crypto exchange Binance has <a href="https://www.binance.com/en/support/announcement/binance-adds-doge-fdusd-sol-fdusd-tomo-try-unfi-try-xrp-fdusd-trading-pairs-bdf3c05fdcee4456984aa18079a6e8a8" target="_blank" rel="nofollow">announced</a> support for some of the most popular cryptocurrencies alongside its First Digital USD (FDUSD) stablecoin pairing. According to the announcement, Binance will open trading for the DOGE/FDUSD, SOL/FDUSD, TOMO/TRY, UNFI/TRY, and XRP/FDUSD, effective from September 7. 
In June, First Digital, a Hong Kong-based custodian company <a href="https://coinedition.com/fdusd-stablecoin-launches-in-hong-kong-amid-new-asset-trading-guidelines/">launched</a> FDUSD, a stablecoin operating on Ethereum and BNB chain networks. This development aligned with the nation’s implementation of a new crypto regulatory framework on June 1, as part of its efforts to establish itself as a prominent crypto hub in the area. 
On September 1, crypto analytics platform Messari reported that FDUSD, with a market capitalization worth $382 million, is set to replace stablecoin BUSD. Binance made the decision to gradually <a href="https://coinedition.com/binance-to-delist-9-busd-margin-trading-pairs-in-september-heres-why/">delist</a> BUSD’s functionalities including spot trading pairs. Moreover, the process was allegedly initiated in February on account of an ord…
The post <a rel="nofollow" href="https://coinedition.com/binance-launches-stablecoin-pairing-with-fdusd-featuring-sol-xrp/">Binance Launches Stablecoin Pairing With FDUSD Featuring SOL, XRP</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

Binance Launches Stablecoin Pairing With FDUSD Featuring SOL, XRP

Coin Edition

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