FDUSD

FDUSD

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

BitcoinWorld Binance Delisting Shakeup: 20 Spot Trading Pairs Including AAVE/FDUSD Face Removal in Major Exchange Cleanup In a significant market adjustment, Binance, the world’s largest cryptocurrency exchange by trading volume, has announced the impending delisting of 20 spot t...

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

As 2025 draws to a close, Binance is making another adjustment to its trading lineup, underscoring how large exchanges regularly recalibrate products before entering a new cycle. The crypto exchange said it will scrap several spot and margin trading pairs linked to the First Digital USD stablecoin on January 6. The change affects Bitcoin Cash, TAO, Avalanche, Litecoin, Sui, Cardano, and Chainlink. Despite the breadth of tokens involved and Binance’s dominant position in global trading volumes, markets showed little immediate reaction, suggesting the move is being treated as operational rather than market-moving. The decision adds to a steady stream of listing and delisting announcements from Binance in recent months, reflecting a broader effort to manage liquidity, risk, and platform structure. Pairs removed in January Binance confirmed that FDUSD spot and margin pairs for Bitcoin Cash, TAO, Avalanche, Litecoin, Sui, Cardano, and Chainlink will be removed on January 6. The delisting applies to both cross-margin and isolated margin trading pairs. The exchange did not provide a reason for the decision. While Binance regularly reviews trading pairs based on factors such as liquidity and usage, no specific criteria were cited in this announcement. Margin restrictions already active Ahead of the delisting date, Binance has already introduced changes affecting margin account activity. Users are no longer able to move assets linked to the affected pairs into isolated margin accounts through manual transfers or Auto-Transfer Mode. Users with outstanding liabilities tied to these tokens may still make manual transfers, but only up to the value of their liabilities and after deducting any available collateral. These limits are intended to reduce risk exposure as the margin products linked to FDUSD are phased out. The defining feature across all the removed trading pairs is their connection to the First Digital USD stablecoin. No other stablecoin pairs were included in this round of removals, placing the focus squarely on FDUSD rather than on the underlying cryptocurrencies themselves. Following the announcement, prices across the affected tokens showed minimal volatility, according to market data. The subdued response contrasts with earlier delistings where price declines followed quickly, suggesting traders viewed this move as largely technical. Recent Binance listing activity The FDUSD delisting follows recent changes to Binance’s spot trading offerings. Around one week earlier, the exchange opened spot trading for Cardano and several other cryptocurrencies, though the service was unavailable to users in jurisdictions such as the US, Canada, Cuba, Iran, and the Netherlands. Prices for Cardano and some other listed tokens rose after that announcement. Earlier in December, Binance announced the removal of StaFi, REI Network, and Voxies, with prices of those assets falling after the news. In October, the exchange terminated services for Flamingo, Kadena, and Perpetual Protocol. Kadena’s valuation dropped following that statement, according to price records. The post Binance to delist FDUSD trading pairs across major cryptocurrencies appeared first on Invezz

Binance will scrap FDUSD spot and margin pairs for BCH, TAO, AVAX, LTC, SUI, ADA and LINK on Jan. 6, with limited price reaction across the tokens. Binance announced plans to delist several cryptocurrency trading pairs on January 6, affecting…

The Hong Kong-based issuer of FDUSD, First Digital, is planning to go public in New York, adding to the list of crypto companies seeking public listings under the Trump administration’s supportive approach toward digital assets. First Digital Group, the Hong Kong company that issues the FDUSD stablecoin , plans to go public by merging with a special purpose acquisition company (SPAC) called CSLM Digital Asset Acquisition Corp III, which is listed on the New York Stock Exchange. The SPAC raised $230 million through an initial public offering on the Nasdaq stock market in August. The planned merger includes a private investment in a public equity deal, although details are reportedly still being worked out. Crypto companies are rushing to go public President Trump signed the GENIUS Act into law on July 18, establishing the first federal regulatory framework for stablecoins. The president’s favorable regulatory environment has also sparked a surge in crypto SPAC activity, reaching over $10 billion in 2025. Hong Kong has been relatively hot this year for listings as well. Other companies like HashKey Holdings cleared the Hong Kong Stock Exchange’s listing hearing on December 1 and could raise up to $500 million. The Thailand-based exchange Bitkub is planning to raise $200 million in a Hong Kong IPO as early as 2026 after initially abandoning its plans for a domestic listing due to weak market conditions in Thailand. The pace of crypto listings has accelerated this year, though some companies have delayed their plans following a massive digital asset selloff. First Digital continues to fight on legal fronts FDUSD is a stablecoin issued by First Digital with roughly $920 million in market circulation, down significantly from about $4.4 billion at its peak in April 2024. The company also manages reserves as a fiduciary for TrueUSD, a stablecoin operated by Techteryx. At a press conference reported by Cryptopolitan in late November, Justin Sun, the founder of the Tron blockchain and an adviser to Techteryx, accused First Digital Trust of rerouting TrueUSD reserves offshore and fabricating transaction documents to hide the transfers. A Dubai court issued a worldwide freezing order covering $456 million in assets tied to the disputed reserves. First Digital has so far denied the allegations and filed a defamation claim against Sun. In a November social media post, the company called Sun’s allegations baseless. The dispute is about whether or not First Digital was authorized to transfer TrueUSD reserve assets into illiquid vehicles managed by Aria Commodities, a Dubai-based trade finance firm. Sun claims he put up about $500 million of his own money to cover an alleged liquidity shortfall in TrueUSD. He has urged Hong Kong regulators to intervene and strengthen the supervision of trust companies. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .

FDUSD Issuer First Digital Group to Go Public Through SPAC Merger, Bloomberg Reports