First Digital Labs: FDUSD has been added to CoinHako
First Digital Labs announced on social media that its USD-pegged stablecoin FDUSD has been added to CoinHako, including SGD and USD trading pairs, providing greater convenience and flexibility for Singaporean individuals seeking to participate in digital assets.
FDUSD market value exceeds $3.3 billion
According to Coingecko data, at the time of writing this article, the total market value of stablecoins has reached $155,276,020,103. The stablecoins included in this market value are Tether (current market value of approximately $107.3 billion), USDC (current market value of approximately $32.26 billion), DAI (current market value of approximately $4.8 billion), and FDUSD (current market value of approximately $3.3 billion).
FDUSD trading volume accounted for 38% of Binance spot trading, reaching a record high
The Block Pro data shows that as of February 12th, the trading volume of FDUSD trading pairs in Binance spot trading has increased to 38%, reaching a historical high, with a month-on-month growth of 42.6%.
Binance has exchanged users’ BUSD token balances for FDUSD
Binance has announced that all eligible users' BUSD token balances have been exchanged for FDUSD tokens. Users can view their FDUSD tokens through distribution history or flash exchange history. Note: all eligible BUSD token balances in users' spot and funding accounts have been distributed at a ratio of 1 BUSD to 1 FDUSD.
FDUSD has issued a total of 420 million additional coins in the past three days, and the current circulation reaches 1.49 billion coins
Since Binance launched Fusionist (ACE) staking mining on December 13th, FDUSD has accumulated an additional issuance of 420 million tokens, with a current circulating supply of 1.49 billion tokens. The token flow is as follows: · 91.02 million tokens directly flowed to Binance· 35 million tokens were minted by Wintermute and then transferred to Binance· 290 million tokens are suspected to have been minted by market maker Portofino Technologies' address starting with 0xeE, and have already been transferred to Binance; among them, 100 million tokens were minted 6 hours ago.
A wallet withdrew 200 million BUSD from Binance and transferred 99.95 million FDUSD.
Monitoring data from The Data Nerd shows that in the past 24 hours, wallet 0xea8 has withdrawn a total of 200 million BUSD from Binance and then transferred 99.95 million FDUSD (received from First Digital Labs). In the past four months, this address has transferred a total of 781,813,500 FDUSD to Binance.
