In the past three months, the circulation of stablecoin FDUSD has increased significantly. Since August 4, 2023, the supply has surged 62% from 260 million coins to 423 million coins as of October 28, 2023. The surge in supply has caused FDUSD ranks among the top ten stablecoins by market capitalization.
In addition, FDUSD has also seen a surge in global trading volume, with data showing that FDUSD ranked sixth among more than 10,000 existing crypto assets on Saturday.
According to data from Coingecko, global FDUSD transaction volume reached US$1.62 billion in the past 24 hours.