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- 📢 Gate.io Post Tag Challenge: #My Bullish Crypto Sectors# Post and Share a Prize of $100!
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1️⃣ What unique advantages do these sectors offer? (e.g., lo
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The SUI ecosystem introduces First Digital Stable Coin FDUSD as the native Token
Deep Tide TechFlow news, Sui ecosystem introduces First Digital Stable Coin FDUSD as the native Token. With the speed and efficiency of Sui, the multi-chain compatibility of FDUSD is further enhanced, and the native usability of FDUSD will drive the birth of more innovative applications in the payment and data transfer fields, giving Decentralized Finance users more choices. In the past year, Sui's Total Value Locked (TVL) has risen by 430%, and Decentralized Finance volume has risen by 692%.
It is reported that FDUSD is pegged to the value of 1:1 with the US dollar. First Digital Labs holds reserves in Asian banks and US Treasury bonds to support FDUSD. The introduction of FDUSD in the Sui ecosystem will further enhance the liquidity and efficiency of transactions, and continuously promote the close connection between TradFi and the digital economy.