Binance, the world's largest cryptocurrency exchange, has announced that it will support trading of popular cryptocurrencies with the First Digital USD (FDUSD) stablecoin pairing. FDUSD was launched in June 2023 by First Digital, a Hong Kong-based custodian and trust company, in response to Hong Kong's new crypto regulatory regime.
The US dollar-pegged stablecoin will be offered with zero trading fees on Binance and is backed by high-quality reserves in cash and cash equivalents. Binance will open trading pairs for DOGE/FDUSD, XRP/FDUSD, SOL/FDUSD, TOMO/TRY, and UNFI/TRY on September 7, 2023.
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