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First Digital USD FDUSD |
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£0.746858 |
-0.02% (24h) |
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Marketcap |
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£211,981,733 |
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Volume 24h |
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£71,978,418 |
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Description
First Digital USD (FDUSD) is a fully collateralized stablecoin issued by First Digital Trust, a regulated financial institution based in Hong Kong. It is pegged 1:1 with the US Dollar, with its reserves held in segregated accounts at high-quality banking institutions to ensure transparency and security. FDUSD is designed to provide a stable and reliable digital asset for the Asian market and beyond, facilitating fast cross-border payments and on-chain liquidity. The project undergoes regular third-party audits to confirm that the circulating supply is always fully backed by cash and cash equivalents.