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Binance lists new zero trading fee stablecoin, halts shortly after on technical issues

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Ahead of the launch, Binance said it would offer zero maker fees for all FDUSD trading pairs. The recently introduced stablecoin , FDUSD, which was scheduled to be listed on Binance on July 26, 2023, at 08:00 (UTC), enabling trading for FDUSD/BUSD and FDUSD/USDT spot and margin trading pairs has now been postponed to restart at 2023-07-26 14:00 (UTC) due to FDUSD pairs’ liquidity providers experiencing technical issues . Binance released a statement that it will halt trading for First Digital USD (FDUSD) on 2023-07-26 09:45 (UTC) and cancel all pending FDUSD orders, to ensure its users' protection. First Digital Group announced the launch of the First Digital USD United States dollar-pegged stablecoin on June 1. First Digital Group, comprising First Digital Trust, a custodian and trust firm based in Hong Kong said the upcoming debut and listing of its stablecoin, First Digital USD (FDUSD), issued by FD121, would be on Binance. The announcement was made on July 26, 2023. Screens...