![Bitcoin-Project-Babylon-Raises-18M-to-Bolster-Development-of-Staking.jpg Jamie Crawley](https://cryptotoptrends.com/wp-content/uploads/2023/12/Bitcoin-Project-Babylon-Raises-18M-to-Bolster-Development-of-Staking-678x381.jpg)
The spike in FDUSD volume, coinciding with TUSD’s de-pegging, suggests a transfer to FDUSD for participating in the FDUSD launch pool and joining the Binance Manta launchpad, Park explained. The launchpad is a popular service that rewards new tokens to investors that lock up specific assets, such as FDUSD or BNB, for a period of time.
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