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First Digital USD Overview
24h High
$1.00
24h Low
$1.00
24h Change
-0.05%
7d Change
-0.08%
30d Change
+0.06%
Volume 24h
$48.35M
Market Cap
$384.63M
Circulating Supply
384.72M FDUSD
First Digital USD News
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About First Digital USD
First Digital USD (FDUSD) is a fiat-backed stablecoin issued by FD121 Limited and fully collateralised with U.S. dollars or equivalent assets. It operates on Ethereum, BNB Chain, and the Sui blockchain, ensuring interoperability and stability. Use cases include remittances, DeFi participation, payments, and volatility hedging. FDUSD can be acquired via direct purchase for institutional clients or on secondary markets for retail users, with redemption options available under regulatory compliance. Its reserves are held securely by First Digital Trust Limited, ensuring transparency and trust.
FDUSD serves multiple purposes across the digital economy and decentralised finance (DeFi) ecosystems due to its stability, transparency, and programmability: - Cross-border Remittances: Facilitates low-cost, efficient international payments compared to traditional financial systems. - Payment Solutions: Enables merchants to accept FDUSD for goods and services, reducing transaction fees and processing times. - Decentralised Finance (DeFi): Can be used for lending, borrowing, and liquidity mining, offering users yield-generating opportunities. - Escrow Services and Smart Contracts: FDUSD's programmability supports trustless escrow agreements and automated financial contracts. - Hedging Against Volatility: Provides a stable store of value during market volatility, offering traders a safe haven. - Financial Inclusion: Enables access to essential financial services, such as savings, loans, and insurance, in underdeveloped financial markets.
First Digital USD (FDUSD) is issued by FD121 Limited, a subsidiary of First Digital Group Limited (FDG), a Hong Kong-based public trust firm specialising in digital assets and technology-driven financial services. Established in 2019, FDG combines traditional financial services with digital asset solutions, offering cross-asset custody, trustee, escrow, and agency services to bridge the gap between conventional and digital finance. The leadership team includes: - Vincent Chok, Chief Executive Officer (CEO): Vincent leads the company in developing traditional trust and custody solutions for the digital economy, aiming to provide enhanced security and professionalism for clients with digital asset exposure. - Gunnar Jaerv, Chief Operating Officer (COO): Gunnar brings expertise in product development and blockchain technology, overseeing operational infrastructure, partnerships, and revenue growth strategies.
- How to Acquire FDUSD: - Direct Purchase: Available to key industry players, financial intermediaries, and professional investors who meet regulatory criteria via First Digital Labs. - Secondary Markets: FDUSD is listed on leading cryptocurrency exchanges, enabling retail users to purchase the token with ample liquidity. - Trust in FDUSD’s Value: FDUSD maintains a 1:1 peg to the U.S. dollar or equivalent assets, which are held securely by a qualified custodian in regulated accounts. - How to Redeem FDUSD: Redemption directly from First Digital Labs requires clients to meet AML (Anti-Money Laundering) and CTF (Counter-Terrorism Financing) checks. Retail users can sell FDUSD on secondary markets through cryptocurrency exchanges or OTC providers.
First Digital USD Markets
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First Digital USD Platforms
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First Digital USD Market Data
The live First Digital USD price today is $1.00 USD with a 24-hour trading volume of $48,348,836.70 USD. We update our FDUSD to USD price in real-time. First Digital USD is down 0.05% in the last 24 hours.
The current market cap is $384,631,796.63 USD, ranking #100 by market capitalization. The circulating supply is 384,720,322 FDUSD.