#TradingPairs101
FDUSD/SOL
FDUSD (First Digital USD) is a stablecoin backed 1:1 by US dollars, designed to offer stability and efficiency within the crypto ecosystem. In recent months, it has experienced notable growth, surpassing 3.8 billion dollars in circulation, largely driven by its mass adoption on platforms like Binance. One of its main advantages is its use as a 'wall currency' in exchanges, allowing users to trade crypto assets like Solana (SOL), BTC, or ETH without fees when using FDUSD pairs, favoring more profitable trades.
This model has displaced other stablecoins like USDT or BUSD, as Binance has incentivized the use of FDUSD with discounts and promotions, consolidating it as a reference currency in its system. Additionally, being issued by First Digital Group and with periodic audits, it conveys greater trust in volatile markets. Its liquidity and efficiency position it as a strategic option for frequent traders.