• FDUSD to be paired with ETH and BTC on Binance with zero maker and trading fees.
• Binance also recently foiled a hack attempt of 20 million USDT.

Binance [BNB] has made a recent announcement stating that the newly introduced FDUSD will now be paired with both Bitcoin [BTC] and Ethereum [ETH]. The decision comes just one day after successfully foiling an attempted hack on the network. 

Read Binance’s [BNB] Price Prediction 2023-24

Additionally, the CEO emphasized the company’s commitment to expanding the ecosystem.

Binance introduces FDUSD trading pair

On 3 August, Binance made an official announcement to introduce new trading pairs, BTC/FDUSD and ETH/FDUSD. According to the announcement, the pairing will be available on the platform starting on 4 August.

The decision came shortly after the Binance CEO discussed the new stablecoin and the importance of diversifying stablecoins within the platform. The pairs also followed a period wherein BUSD minting was suspended due to regulatory issues.

First Digital, a Hong Kong licensed trust company, launches a new USD pegged stable

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Author: Adewale Olarinde

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