CryptoQuant: FDUSD/BTC trading volume on Binance platform accounts for 48%, USDT share drops to 42%
2025-01-14 19:55:13
CryptoQuant analysts have posted that after the BUSD crash, Binance's new stablecoin, FDUSD (First Digital USD), has rapidly gained market share and now accounts for 48% of the trading volume of BTC pairs on the Binance platform, surpassing USDT's 42%. This development highlights the growing trust of FDUSD as a stable, dollar-pegged cryptocurrency, especially in the high-volume BTC market.
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