FDUSD Market Cap Skyrockets By $1 bn In 2024
FDUSD, a newly launched stablecoin, has seen rapid growth, with its market valuation increasing by $1 billion since January 1, 2024.
As of January 21, 2024, it is the fourth-largest stablecoin in terms of market capitalization, valued at $2.61 billion. FDUSD has experienced a 45.7% growth in supply since December 22, 2023. As of January 21, 452 holders possess the ERC20 variant of FDUSD, which boasts 2.564 billion FDUSD.
Binance holds the top three wallets for BNB-based FDUSD, commanding 82.1% of the 49.38 million minted coins. Binance maintains dominance in the Ethereum version, accounting for 97.48% of the total ERC20 FDUSD supply.
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