First Digital Labs, a subsidiary of First Digital Group, creators of FDUSD, the fastest-growing stablecoin in crypto, is launching FDUSD on the Sui Network and becoming the Sui ecosystem’s first native stablecoin. Originally deployed on Ethereum and BNB, First Digital announced plans to expand to other blockchains at the time of launch. Sui now becomes the first blockchain FDUSD has expanded native support to since its inception.
FDUSD launched in August 2023 and has already amassed a market cap of over $3 billion. Over the last week, FDUSD has seen the fifth-highest trading volume across the entire industry, including between $7-12 billion of daily volume over the last week.
Combined with Sui’s rapidly ascending DeFi ecosystem, which has over $650 million in TVL and recently broke into the top 10 blockchains in weekly DEX trading volume, FDUSD becoming a native stablecoin on the network will be a significant boon to the market positions of both projects.
Impact of FDU
We współpracy z: https://www.crypto-reporter.com/press-releases/the-fastest-growing-stablecoin-in-crypto-fdusd-is-launching-on-sui-60278/
