{"id":12247,"date":"2024-02-15T10:00:35","date_gmt":"2024-02-15T10:00:35","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=12247"},"modified":"2024-02-15T09:51:10","modified_gmt":"2024-02-15T09:51:10","slug":"fdusd-pairs-trading-volume-reached-ath","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/fdusd-pairs-trading-volume-reached-ath\/","title":{"rendered":"FDUSD Pair&#8217;s Trading Volume Reached ATH!"},"content":{"rendered":"<p><strong>On Binance,<\/strong> <strong>FDUSD stablecoin<\/strong> trading pairs made up <strong>38%<\/strong> of Binance&#8217;s total spot trading volume, reaching an <strong>all-time high<\/strong>.<\/p>\n<p>Its trading pairs constituted <strong>38%<\/strong> of Binance&#8217;s total spot trading volume on February 12. This is equivalent to <strong>42.6%<\/strong> more than last month.<\/p>\n<p>The Block\u2019s Senior Research Analyst <strong>Rebecca Stevens<\/strong> stated, \u201cYou would expect FDUSD to gain some popularity on Binance due to BTC\/FDUSD transactions being free and most FDUSD pairs having no maker fee.\u201d<\/p>\n<p>\u201cThe official end of support for <strong>BUSD<\/strong> on the exchange may have motivated some users to convert to the new stablecoin.&#8221; she added.<\/p>\n<p><strong>First Digital<\/strong>, a trust company based in Hong Kong, and its subsidiary <strong>FD121<\/strong>, launched <strong>FDUSD<\/strong> in June 2023. Binance listed it a month later and offered zero trading fee for it.<\/p>\n<blockquote><p><a href=\"https:\/\/coinengineer.net\/blog\/moonwell-will-enable-usdc-loans\/\" target=\"_blank\" rel=\"noopener\"><em><strong>You might be interested:\u00a0<\/strong><\/em><\/a><\/p><\/blockquote>\n<blockquote class=\"wp-embedded-content\" data-secret=\"31FwmrxkE9\"><p><a href=\"https:\/\/coinengineer.net\/blog\/moonwell-will-enable-usdc-loans\/\">Moonwell Will Enable USDC Loans!<\/a><\/p><\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"&#8220;Moonwell Will Enable USDC Loans!&#8221; &#8212; Coin Engineer\" src=\"https:\/\/coinengineer.net\/blog\/moonwell-will-enable-usdc-loans\/embed\/#?secret=w7PxQQWIab#?secret=31FwmrxkE9\" data-secret=\"31FwmrxkE9\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"\u201cMoonwell will enable USDC loans!\u201d \u2014 Coin Engineer\" src=\"https:\/\/coinengineer.net\/blog\/moonwell-will-enable-usdc-loans\/embed\/#?secret=WRy8JnN0RC#?secret=oXik02iOa9\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" sandbox=\"allow-scripts\" data-secret=\"oXik02iOa9\"><\/iframe><\/p>\n<p><em>Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don\u2019t forget to follow us on\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Telegram<\/strong><\/a>,\u00a0<a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>YouTube<\/strong><\/a>\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\"><strong>Twitter<\/strong><\/a>\u00a0for the latest news and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Binance, FDUSD stablecoin trading pairs made up 38% of Binance&#8217;s total spot trading volume, reaching an all-time high. Its trading pairs constituted 38% of Binance&#8217;s total spot trading volume on February 12. This is equivalent to 42.6% more than last month. The Block\u2019s Senior Research Analyst Rebecca Stevens stated, \u201cYou would expect FDUSD to<\/p>\n","protected":false},"author":1,"featured_media":12246,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[4384,22,60,1910,4385],"class_list":["post-12247","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-all-time-high","tag-binance","tag-btc","tag-fdusd","tag-rebecca-stevens"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FDUSD Pair&#039;s Trading Volume Reached ATH! - Coin Engineer<\/title>\n<meta name=\"description\" content=\"On Binance, FDUSD stablecoin trading pairs made up 38% of Binance&#039;s total spot trading volume, reaching an all-time high.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/fdusd-pairs-trading-volume-reached-ath\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FDUSD Pair&#039;s Trading Volume Reached ATH! 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