Which stable coin is FDUSD?

[Fidelia]

Lately, I have been seeing the FDUSD on Binance. It is being given as cashback rewards for certain tasks there. I have not heard much about this stable coin. Is this the new Binance backed stable coin?

 

[King Belieal]

FDUSD is a new stable coin that was launched in 2023. It is gaining popularity because Binance have adopted it on their platform.