FDUSD Is Falling Flat, But Still Maintains A Substantial Presence On Binance

Quick Summary:

As FDUSD faces headwinds in total supply, other stablecoins are gaining ground.

Notably, Ethena’s USDe has been on an upward trajectory.

This divergence in performance points to the importance of utility beyond trading pairs.

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Article Details

Author / Journalist: Sofiya

Category: Crypto

Markets: India

Topics: News Falling Total supply Flat Substantial Presence FDUSD BINANCE Maintains Latest News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-01 @ 08:04:11 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 275 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 21883336

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 19 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 12 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

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