April FDUSD trading volume surpasses $18 billion, a record high

According to The Block Dashboard, the volume of FDUSD traded exceeded $18 billion in April, more than double the volume in March. Rebecca Stevens, research analyst at The Block, said First Digital USD has been getting a boost since it became a well-known stablecoin on Binance, and although this has been the case for some time, it still helps its adoption. Meanwhile, USDT had cumulative volume of $546 billion in April, down from $587 billion in March. USDe was launched in February with more than $13 billion in trading volume.