The live price of First Digital USD is - per (FDUSD / USD) with a current market cap of $1.51B USD. 24-hour trading volume is - USD. FDUSD to USD price is updated in real-time. First Digital USD is -% in the last 24 hours with a circulating supply of 1.51B.
| Date Comparison | Amount Change | % Change |
|---|---|---|
| Today | - | 0% |
| 30 Days | - | 0% |
| 60 Days | - | 0% |
| 90 Days | - | 0% |
FDUSD, issued by FD121 Limited, is pegged 1:1 to the U.S. dollar. The independent entity is located in Hong Kong and is branded as First Digital Labs.
FDUSD is primarily focused on providing users with reliable digital currency to mitigate the volatility of the cryptocurrency market, thereby reducing transaction costs, increasing transaction speed and security, and improving the efficiency of financial transactions.
According to the website, FDUSD is a programmable stablecoin that can execute a variety of financial contracts, custody services and insurance without an intermediary, thereby greatly improving the flexibility and efficiency of FDUSD-related financial businesses.
FDUSD is redeemable 1:1 to the U.S. dollar. Its reserves are properly stored in independent bank accounts and are supervised and audited by independent third parties such as Prescient Assurance.
You can choose to buy FDUSD on a digital currency exchange or through a C2C market. After buying FDUSD, you need to store it safely in a digital currency wallet. There are two types of digital currency wallets: hot wallets (software-based, stored on your computer or mobile phone, etc.) and cold wallets (hardware-based, can be stored offline).
There are several reasons why First Digital USD is worth investing in. First, FDUSD is a decentralized currency that is not controlled by individuals or financial institutions, which makes it an investment option in addition to traditional fiat currencies. Second, it has a limited supply, which helps drive its value up. In addition, as a global digital currency, it makes international transfers more convenient without going through intermediaries. If you are looking for an alternative to traditional fiat currencies, or a decentralized investment option, First Digital USD is a good choice. However, investing in First Digital USD involves the complexity and volatility of digital currencies. Before investing, we strongly recommend that you conduct sufficient research and understand the potential risks.
The FDUSD stablecoin was created by Hong Kong-based First Digital and is pegged to the U.S. dollar at a 1:1 ratio.
Currently, FDUSD is available on Ethereum and BNB Chain, with plans to support more blockchains in the future.
FDUSD can reduce transaction costs, improve speed and accuracy, while ensuring transaction security and improving financial transaction efficiency. It can also facilitate cross-border transactions, reduce fees, and shorten processing time compared to traditional solutions. In addition, as a programmable stablecoin, FDUSD can skip intermediaries and seamlessly execute financial contracts, custody services, and insurance,
The First Digital USD to other currencies exchange rate?
