Price: $0.32615 3.6904%
Market Cap: 48.05B 1.4478%
Volume (24h): 4.24B 0%
Dominance: 1.4478%
Price: $0.32615 3.6904%
Market Cap: 48.05B 1.4478%
Volume (24h): 4.24B 0%
Dominance: 1.4478% 1.4478%
  • Price: $0.32615 3.6904%
  • Market Cap: 48.05B 1.4478%
  • Volume (24h): 4.24B 0%
  • Dominance: 1.4478% 1.4478%
  • Price: $0.32615 3.6904%
Home > Information news > Binance Adds XRP, Dogecoin Support For New USD Stablecoin

Binance Adds XRP, Dogecoin Support For New USD Stablecoin

Release: 2023/09/06 12:30 Reading: 497

Original author：TheBitTimes

Original source：https://coinmarketcap.com/community/articles/64f7fde993aee762ebf7e92a

Also Read: Bitcoin (BTC) Price Stalls as US Dollar Hits 8th Weekly Gain, Calls for Concern?
advertisement
In addition to the Hong Kong cause, the US dollar pegged stablecoin is being offered with zero trading fee on Binance. In the context of the uncertainty and regulatory concerns around stablecoins, FDUSD comes across as being backed by high-quality reserves in cash and cash equivalents. The Hong Kong Monetary Authority (HKMA) monitors the licensing and regulatory standards around the stablecoin operations.

Join us in showcasing the cryptocurrency revolution, one newsletter at a time. Subscribe now to get daily news and market updates right to your inbox, along with our millions of other subscribers (that’s right, millions love us!) — what are you waiting for?

Binance Adds DOGE/FDUSD, XRP/FDUSD Trading Pairs

Considering the growth potential of the stablecoin, this would be a welcome move from Binance. With a ranking of 215 among major cryptocurrencies, FDUSD currently has a market cap of $382 million as against Tether USDt’s (USDT) $83 billion. The crypto exchange said the following trading pairs will be open for trading on the platform from September 7, 2023:
DOGE/FDUSD, SOL/FDUSD, TOMO/TRY, UNFI/TRY and XRP/FDUSD

Recommended Articles

Crypto Presale Projects For 2023 To Invest; Updated List
Must Read
Best Crypto Trading Bots List 2023
Must Read
Top Crypto Marketing Firms / Agencies 2023; Here’s Best Picks [Updated]
Must Read
Crypto Telegram Channels List 2023 [Updated]
Must Read
Top 10 Web3 Games To Explore In 2023; Here List
Must Read

Binance added that users will continue to have access to the trading with zero maker fees feature on the newly added FDUSD trading pairs.

Also Read: XRP Lawyer: US SEC Hiding Secret Howey Memo To Protect Itself
Previous：Dogecoin Price Analysis: Will DOGE Price Drop to $0.040 Before a Rebound? Next：Binance Adds XRP and Dogecoin to FDUSD Trading Lineup

Recent news

MORE>>

Selected Topics

  • Dogecoin whale activity
    Dogecoin whale activity
    Get the latest insights into Dogecoin whale activities with our comprehensive analysis. Discover trends, patterns, and the impact of these whales on the Dogecoin market. Stay informed with our expert analysis and stay ahead in your cryptocurrency journey.
  • Dogecoin Mining
    Dogecoin Mining
    Dogecoin mining is the process of adding new blocks of transactions to the Dogecoin blockchain. Miners are rewarded with new Dogecoin for their work. This topic provides articles related to Dogecoin mining, including how to mine Dogecoin, the best mining hardware and software, and the profitability of Dogecoin mining.
  • Spacex Starship Launch
    Spacex Starship Launch
    This topic provides articles related to SpaceX Starship launches, including launch dates, mission details, and launch status. Stay up to date on the latest SpaceX Starship launches with this informative and comprehensive resource.
  • King of Memes: Dogecoin
    King of Memes: Dogecoin
    This topic provides articles related to the most popular memes, including "The King of Memes: Dogecoin." Memecoin has become a dominant player in the crypto space. These digital assets are popular for a variety of reasons. They drive the most innovative aspects of blockchain.

Selected Articles

More>>