What is FDUSD Binance?

I'm puzzled about something, could you clarify for me? What exactly is FDUSD Binance? I've been hearing a lot about it recently in the cryptocurrency circles, but I'm still not quite sure what it represents. Is it a new type of token? Or perhaps a special financial instrument on the Binance platform? Could you break it down for me in simple terms? I'd really appreciate it if you could help me understand this concept better.