According to the Planet Daily, CCData's latest stablecoin report shows that FDUSD's trading volume on centralized exchanges (mainly Binance) has risen sharply, and its market value has hit a record high. The stablecoin's trading volume increased by 51.1% in January to $122 billion, second only to USDT. The report pointed out that after the United States approved the Bitcoin spot ETF, Binance's BTC/FDUSD trading pair accounted for most of the trading volume and became the exchange's largest Bitcoin trading pair. The trading pair had a monthly trading volume of $80.8 billion in January, followed by Binance's BTC/USDT trading pair, with a trading volume of about $60 billion during the same period.
