Odaily Planet Daily News Nansen data shows that the supply of First Digital USD (FDUSD) stable currency has increased by 51% in the past 30 days, and the market value is close to 394 million US dollars.
According to data from CoinGecko, FDUSD is currently the eleventh largest U.S. dollar stablecoin by market capitalization.
Nanse analyst Martin Lee said: "More than 90% of the supply of FDUSD is on the Binance platform, and there is currently no real use case in DeFi or any on-chain application, so there is nothing really exciting for the time being. "(The Block)