The spike in FDUSD quantity, coinciding with TUSD’s de-pegging, suggests a switch to FDUSD for collaborating within the FDUSD launch pool and becoming a member of the Binance Manta launchpad, Park defined. The launchpad is a well-liked service that rewards new tokens to buyers that lock up particular belongings, corresponding to FDUSD or BNB, for a time period.
