Home > News > Binance to Include XRP and Dogecoin for New USD Stablecoin
Binance to Include XRP and Dogecoin for New USD Stablecoin
Release:
2023/09/07 03:06 Reading: 838
Original author:CryptosHeadlines.com
Original source:https://coinmarketcap.com/community/articles/64f8cacc3fced62c25464740
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The biggest crypto exchange, Binance, is now supporting XRP and Dogecoin with a stablecoin called FDUSD.
Binance, the world’s biggest crypto exchange, has
introduced trading support for several popular cryptocurrencies using the First Digital USD (FDUSD) stablecoin.
Alongside its
connection to Hong Kong, FDUSD, a stablecoin tied to the US dollar, is available for trading on Binance without any fees.
This stablecoin aims to provide confidence by being backed by a strong reserve of cash and cash equivalents, which is closely monitored by the Hong Kong Monetary Authority (HKMA). This ensures that it meets the necessary licensing and regulatory standards. Read More...