CryptoQuant: Binance platform FDUSD/BTC trading volume accounted for 48%, USDT share dropped to 42%
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2025-01-15 04:02 6,126
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Golden Finance reported that CryptoQuant analysts wrote that after the collapse of BUSD, the market share of FDUSD (First Digital USD), a new stablecoin launched by Binance, rose rapidly and currently accounts for 48% of the trading volume of BTC trading pairs on the Binance platform. % share, surpassing USDT’s 42%. This development highlights FDUSD’s growing trust as a stable, USD-pegged cryptocurrency, especially in the high-volume BTC market.