Binance has announced an expansion in trading support for Ripple's XRP on Wednesday. The latest addition is the XRP/FDUSD trading pair, alongside other pairs for various cryptocurrencies.
The new pairs, including DOGE/FDUSD, SOL/FDUSD, TOMO/TRY, UNFI/TRY, and XRP/FDUSD, are set to open for trading at 04:00 ET (08:00 GMT) on Thursday, September 7th, 2023. Initially, users will be able to trade without incurring any fees until further notice.
The FDUSD in the pair stands for a reserve-backed stablecoin issued by First Digital Limited, a subsidiary of a Hong Kong-based financial firm. The stablecoin was launched in June 2023 on Ethereum and BNB Chain, with plans for issuance on other networks.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.