$FDUSD
đ Market & Exchange Developments
Binance has been removing several FDUSD trading pairs, especially on margin markets â this includes pairs like BCH/FDUSD and ADA/FDUSD. These delistings are part of the exchangeâs broader update to reduce low-liquidity listings, and can affect how traders use FDUSD in leveraged trading.
FDUSD experienced price pressure last year amidst controversy and rumors regarding its backing and issuer integrity, partly driven by public allegations from prominent figures in the crypto space.
Binance has publicly reaffirmed confidence in FDUSDâs reserves, citing attestation reports and reserve reviews to counter concerns about its backing.
đ§Ÿ Structural & Issuer Changes
The stablecoinâs issuance has shifted to a British Virgin Islandsâbased entity (FD121 (BVI) Limited). This structural move aims to align FDUSD with evolving global regulatory frameworks, maintain 1:1 USD-backing, and support long-term global accessibility without disrupting user access. Existing holders arenât required to take action.
đ Blockchain & Integration Updates
FDUSD has been deployed natively on new blockchains (e.g., TON, Solana), expanding where it can be used for faster, low-cost transactions and broader DeFi integration beyond Ethereum and BNB Chain.
In summary: FDUSD remains a widely used dollar-pegged stablecoin with ongoing adoption and infrastructure expansion. Recent developments include strategic issuance restructuring, exchange pair reductions, and broader blockchain support â #FDUSDđ„ #FDUSDâŹâ©