Binance halts trading of FDUSD stablecoin attributable to ‘technical considerations’

Binance halts trading of FDUSD stablecoin attributable to ‘technical considerations’

The no longer too long previously launched stablecoin, First Digital USD (FDUSD), which used to be scheduled to be listed on Binance on July 26, 2023, at 8:00 am UTC, has been postponed till 2:00 pm UTC on July 26 attributable to FDUSD pairs’ liquidity suppliers experiencing technical considerations.

In a assertion, Binance said it can well end trading for FDUSD on July 26 at 9:45 am UTC and homicide all pending FDUSD orders to be sure its users’ safety. Hong Kong-essentially based First Digital Community launched the commence of the US dollar-pegged FDUSD on June 1.

<em>Screenshot of the trading postponement. Source: Binance</em>

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