First Digital USD (FDUSD)

Unverified

Loading...

Loading...

FDUSD price prediction, FDUSD price today, how to buy First Digital USD coin

About FDUSD

First Digital USD (FDUSD) is a fully backed, U.S. dollar-pegged stablecoin issued by First Digital Trust, a Hong Kong-based custodian. Designed to maintain a stable value of 1:1 with the U.S. dollar, FDUSD is backed by cash reserves and cash-equivalent assets, ensuring liquidity and transparency. As a regulated stablecoin, FDUSD offers a secure solution for digital transactions, trading, and cross-border payments while providing users with access to the stability of the U.S. dollar on blockchain networks. FDUSD is available on multiple exchanges, offering live prices, historical data, and market insights. Visit our First Digital USD Markets page for the latest information on this stablecoin’s performance.

Convert Fiat to First Digital USD

Loading...

Price Prediction Calculator

Fact Sheet

Explorer
Exchanges
Social Media
Blockchains
Ethereum logo

News

Binance Launches Fund Accounts, Enabling Fund Managers to Streamline Crypto Asset Management

Binance has announced the launch of Fund Accounts, a solution designed for fund managers to pool investor assets based on trading strategies. This offering allows fund managers to consolidate externally-raised investor assets into one or multiple omnibus accounts, streamlining operations…

Binance Launches Fund Accounts, Enabling Fund Managers to Streamline Crypto Asset Management

Nexo Re-Enters US Market: 'America Is Back,' Says Co-Founder Antoni Trenchev

Nexo, the digital wealth platform with $11 billion in assets under management, has announced its re-entry into the U.S. market, unveiling its product suite at an exclusive business event. The announcement featured keynote addresses from Donald Trump Jr., Executive Vice…

Nexo Re-Enters US Market: 'America Is Back,' Says Co-Founder Antoni Trenchev

DeFi Platform Loopscale Negotiates With $5.7M Exploit Hacker

Loopscale has offered a hacker behind a $5.7 million USDC and 1,200 SOL exploit a deal: return 90% of the funds and keep 10% as a bounty, with full immunity from liability. Attack Impacts 12% of Funds on Loopscale Loopscale,…

DeFi Platform Loopscale Negotiates With $5.7M Exploit Hacker

Coinshares: Bitcoin Hashpower Set to Hit One Zettahash by July

A Coinshares report predicts Bitcoin's network hashpower will likely reach 1 Zettahash per second (ZH/s) by July 2025. Reaching 1 ZH/s signifies enhanced network security and strong miner confidence. Bitcoin Hashrate at End of Q4 Ahead of Projection Bitcoin's network…

Coinshares: Bitcoin Hashpower Set to Hit One Zettahash by July

Tariff Tsunami: Economist Steve Hanke Predicts Rough Times for US Economy

Economist Steve Hanke is not a fan of U.S. President Donald Trump’s tariffs, drawing a historical parallel between today’s economic conditions and the early 1930s by invoking the Smoot-Hawley Tariff Act and denouncing it as “the stupidest thing I’ve ever…

Tariff Tsunami: Economist Steve Hanke Predicts Rough Times for US Economy

Frequently Asked Questions about First Digital USD

What is First Digital USD (FDUSD)?

First Digital USD (FDUSD) is a fully backed, U.S. dollar-pegged stablecoin issued by First Digital Trust. It is designed to provide stability in digital transactions, with a value pegged 1:1 to the U.S. dollar.

How is FDUSD backed and regulated?

FDUSD is backed by cash reserves and cash-equivalent assets, ensuring liquidity. Issued by First Digital Trust, FDUSD adheres to regulatory standards and provides transparency for its users.

What are the main uses of FDUSD?

FDUSD is primarily used for secure, stable transactions, cross-border payments, and trading on blockchain networks, providing users with a dollar-pegged asset for a wide range of digital applications.

How can I store First Digital USD securely?

FDUSD can be stored in any Ethereum-compatible wallet, including hardware wallets like Ledger and software wallets such as MetaMask and Trust Wallet, which offer secure storage options.

What makes First Digital USD unique among stablecoins?

FDUSD’s backing by First Digital Trust and its adherence to regulatory standards set it apart. It offers a transparent, fully backed stablecoin option designed for stability and liquidity in digital transactions.

Is First Digital USD a good investment?

FDUSD is designed as a stablecoin, primarily intended for maintaining stability rather than generating investment returns. It provides a stable digital currency for transactions and payments, pegged to the U.S. dollar.

Can FDUSD be used for cross-border payments?

Yes, FDUSD can be used for fast, secure cross-border payments, offering the stability of the U.S. dollar with the convenience of blockchain technology.