BTC/FDUSD Trading Pair Breaks Above 98,000 on Binance

BlockBeats News, April 2nd, according to market data, the BTC/FDUSD trading pair on Binance broke above 98,000 due to FDUSD de-pegging, now trading at 98,422 FDUSD.

Correction/Report

RelatedRecommended

What is the background of Binance's newly launched FDUSD stablecoin?

New player enters the stablecoin race, backed by Binance once again.

Decoding Binance’s new coin mining: Which one has a higher yield, BNB or FDUSD?

FDUSD Depegging Crisis: Justin Sun Accuses FDT of $456M Fraud, the Latter Denies Insolvency

Binance's stance is that this is a lawsuit between Justin Sun and TUSD, not FDUSD; Binance's FDUSD can be redeemed 1:1

TUSD VS FDUSD, who will be Binance’s new “royal” stablecoin?

This week in review | Worldcoin unveils token economics; Binance launches new stablecoin FDUSD.

This week's industry news: EraLend, a zkSync-based lending protocol, was attacked; Flashbots raised $60 million at a $1 billion valuation; BitForest assisted the police in capturing a criminal gang involved in stealing private keys from KTV.

On-Chain Activity