There has always been a view that a good ticker is half the success.
$FDUSD didn't start with a good name.
The original meaning is First Digital USD, but this name is too strange...
From a different perspective, it's like having a RMB token called
"One Count RMB," it just sounds amateurish, right?
Moreover, FDUSD sounds a bit like FUD USD...
This connotation is really not good.
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The best stablecoin ticker must be USD + single letter.
For mass adoption, absolutely do not use USD + double letters.
Also, it's best to have USD in front and the letter behind.
For example: BUSD, TUSD, what's the problem?
Because according to biomimetic reading theory, the human eye's first visual perception is to read the first few letters, which must subtly make people realize this is a type of 'dollar'.
As for $DAI, really, aside from being born early, this name is utterly useless. What is it, the founder's wife's surname?
If $DAI had been called $USDM at that time, its market share might far exceed today. Of course, history has no hypotheticals, just a casual discussion, same goes for $Frax.
Unfortunately, good tickers are tightly held by Circle and Tether:
USD Token
USD Coin
Especially USDT, which sometimes intentionally writes T as ₮
At a glance, USD₮ really feels heartfelt.
There aren't many good names left.
bit counts as one.
stable counts as one.
onchain can also work.
Or any word starting with S can reference USD$.
These are all great naming ideas.