Why Binance Is Betting Big on First Digital USD
Why Is Binance Pushing FDUSD?
Binance is gradually phasing out its old stablecoin, BUSD, due to regulatory pressure. In its place, it’s promoting FDUSD, a newer stablecoin issued by First Digital Labs. Here’s why:
Regulatory clarity: FDUSD is backed 1:1 by USD or equivalents and is issued under Hong Kong law, giving it a more transparent and compliant image.
Zero trading fees: Binance offers zero maker fees on FDUSD pairs, making it cheaper to trade.
Programmable features: FDUSD supports smart contracts, escrow, and DeFi use cases, making it more than just a dollar peg.
BUSD exit strategy: With BUSD support ending, Binance is nudging users toward FDUSD as the new default stablecoin.
FDUSD is still new, but Binance’s ecosystem is giving it a strong head start. USDT remains the king of liquidity, while USDC is the go-to for institutions.
💡 Binance-Style Insights
FDUSD is Binance’s new favorite—expect more integrations across its ecosystem.
Zero fees = more volume. Traders love low-cost swaps, and Binance knows it.
Transparency sells. In a post-BUSD world, trust is the new currency.
📣 Poll: Which stablecoin do you trust the most?
🔘 FDUSD
🔘 USDT
🔘 USDC
🔘 I use whatever has the lowest fees