Did anyone notice that there is a hint in Binance’s announcement that the last time similar news appeared, USDC was converted into BUSD. Although everyone knows that BUSD has no possibility of being recast before settling with the SEC. It is normal for Binance to abandon BUSD, but when the successor of BUSD was just decided, this position was held by TUSD. From the current trading volume, we know that in order to stabilize the market value of TUSD and increase liquidity, Binance also returned to the fee-free position from TUSD. . From the CMC, we know that #Binance’s#BTCtrading volume was already number one when the handling fee was not waived. After the handling fee was waived, the trading volume of TUSD has always been more than double that of USDT. And in the early days of LaunchPool, TUSD replaced BUSD. However, the "biggest benefit" of automatic exchange is given to newcomers FDUSD, and FDUSD is also free of handling fees and has a place in LaunchPool. Currently, FDUSD has the highest income among the two mines, and its ranking in CMC has also increased from the top ten. Kaiwai has entered seventh place, and now there are "genetic" benefits, so will FDUSD replace TUSD and become the number one stablecoin on Binance. There are currently a lot of speculations about TUSD from the outside. We won’t go into details because there is no clear basis. However, FDUSD is still a blank slate and has not been listed on other large exchanges except Binance. So if you are still thinking about playing with non-mainstream stablecoins, you can think about it carefully. Don’t be too happy about the exchange rates of USDT and USDC in the past two days.
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