1/ 🧵 Binance has completely switched to the FDUSD and has removed the BUSD from the trade and circulation. So what is this FDUSD and how is it any different?
1/ 🧵 Binance has completely switched to the FDUSD and has removed the BUSD from the trade and circulation. So what is this FDUSD and how is it any different?
2/ 🧵 First digital labs the company behind the FDUSD stablecoin has listed the coin into the binance and also the company is in process of more listings.
The next stage, next coin, from that will probably be $FUDUSD
3/ 🧵 FDUSD is also allowed to be swapped for the balance that is kept in the binance. This means FDUSD is going to be in more circulation as the time goes ahead.
4/ 🧵 FDUSD being a hongkong company, they are variety of asian investors into the stablecoin fund, they are regulated and audited. So it'd be interesting to see their listing in other exchanges.
5/ 🧵 Let's check out how the FDUSD works and how it can be a good new stablecoin for the consumers in the exchange.
https://leofinance.io/@esmeesmith/fdusd-first-digital-usd-things-you-should-know-about-this-stablecoin
very interesting details