Cheapest USDT stablecoin swap on Binance, live USDC, FDUSD, USDe spread
TradingFDUSD
Trails0.12 %
- p99
- 0.15%
- rank
- #3
- samples
- 17,280
USDC
Leads0.029 %
- p99
- 0.053%
- rank
- #2
- samples
- 17,280
USDC leads on the only live benchmark. USDC wins on Cheapest USDT stablecoin swap on Binance, live USDC, FDUSD, USDe spread (0.029% vs 0.12%).
First Digital USD, Hong Kong-issued stablecoin backed 1:1 by USD reserves. Primary depth lives on Binance USDT-quoted FDUSDUSDT; USD-quoted venues offer negligible volume.
Circle's USD-redeemed stablecoin, audited and backed by short-duration Treasuries and same-day USD cash. Same-day primary-market redemption with US banks is the structural anchor for the peg.
FDUSD
Trails0.12 %
USDC
Leads0.029 %
FDUSD and USDC are compared on 1 shared OpenChainBench benchmarks. USDC leads on Cheapest USDT stablecoin swap on Binance, live USDC, FDUSD, USDe spread. See the live table on this page for every metric.
On the Cheapest USDT stablecoin swap on Binance, live USDC, FDUSD, USDe spread benchmark, USDC leads at 0.029% versus FDUSD at 0.12%. Live measurement is updated continuously by the OpenChainBench harness.
Every benchmark on this page uses the same open methodology, published at https://openchainbench.com/methodology. Data is CC-BY-4.0. Measurement harnesses are MIT-licensed.
Auto-generated pairs require: both providers in the same benchmark for seven consecutive days, at least 1000 samples per provider, observable third-party search demand, and a public /products/[slug] page on OCB. Editorially curated pairs (like this one) may publish early when search demand is high and data is accruing — panels with fewer than 100 samples are shown as provisional. The full pair ledger is versioned in the public repo.