
Conor|Apr 02, 2025 16:17
By my count, Binance holds roughly 94% of FDUSD in circulation, or 2.2B of all float. Of this, they self report 1.5B are customer net balances (so ~700M are corporate funds)
BTC/FDUSD is historically the most traded pair on Binance, so this disruption is a big deal
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