#Binance #BinanceNews

Binance Updates for December 2024

1. FDUSD Launch on Solana

First Digital Labs announced during Binance Blockchain Week that the FDUSD stablecoin will be issued on Solana. This integration aims to leverage Solana’s speed and cost-effectiveness, expanding the DeFi ecosystem. Solana's stablecoin market cap has seen significant growth, with a 151% year-over-year increase.

2. New Listings and Futures Delistings

Binance introduced new trading pairs and coins while delisting some perpetual futures contracts, including XEM, ORBS, and LOOM, effective December 9. This move is part of Binance’s effort to optimize its trading offerings.

3. Binance Labs Investment in DeFi

Binance Labs invested in Astherus, a DeFi platform, to enhance real-yield opportunities. This reflects Binance's ongoing commitment to supporting innovative projects in decentralized finance.

These updates indicate Binance’s focus on ecosystem growth, DeFi expansion, and technological innovation. For more information, visit the .