- #25
First Digital USDÂ FDUSD
FDUSD Price
Market CapÂ
$4.42Â BRank #25FDVÂ
$4.42Â BRank #49Investors
Twitter Followers
Twitter Performance
212Rank by Twitter #6478- 0
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Detailed Performance
FDUSD shows Neutral behaviour against top cryptocurrencies, leading categories and blockchains over various time periods
FDUSD to USD Converter
Price History
- All-Time High
- $1.321.32x to ATH
- All-Time Low
- $0.95881.04x to ATL
- Trade Launch Date
- 26 Jul, 2023
276 days ago
Exchanges
Exchanges type
About FDUSD
First Digital USD (FDUSD) is a stablecoin offered by First Digital Labs. It is designed to have a value equivalent to one US dollar or an asset of equivalent fair value. The stability of FDUSD is ensured by the fact that it is fully backed by US dollars or equivalent assets, which are held by a qualified custodian in accounts with regulated depository institutions. This backing provides a solid foundation for the value of FDUSD, making it a trustworthy digital currency. FDUSD is available for purchase from First Digital Labs, but it is important to note that it is not directly sold to retail customers.
What makes First Digital USD unique?
First Digital USD (FDUSD) stands out from other cryptocurrencies due to its unique features and qualities. Here are a few aspects that make FDUSD special:
1. Stability: FDUSD is a stablecoin designed to maintain a stable value that is equivalent to one US dollar. It achieves this stability by being fully backed by US dollars or assets of equivalent value, held by a qualified custodian in regulated depository institutions.
2. Transparency: First Digital Labs, the creator of FDUSD, emphasizes transparency. They are committed to providing unwavering transparency, compliance, and security, backed by cutting-edge technology. The collateral backing FDUSD is independently attested, ensuring the integrity of reserves and financial reporting.
3. Trustworthiness: FDUSD's value and stability are built on the trustworthiness of its collateral and custodian. The assets held as collateral are safeguarded by a top-tier, qualified custodian with a trust license, ensuring seamless asset protection and regulatory compliance.
4. Accessibility: FDUSD can be obtained through secondary markets, such as leading cryptocurrency exchanges. These exchanges offer substantial liquidity and provide an accessible and convenient way for individuals to acquire FDUSD.
5. Multi-Network Support: FDUSD is available on Ethereum and BNB Chain, with plans to support an increasing number of blockchains in the future. This multi-network support enhances the versatility and accessibility of FDUSD.
In summary, FDUSD's stability, transparency, trustworthiness, accessibility, and multi-network support differentiate it from other cryptocurrencies, making it an attractive option for those seeking a reliable and regulated digital asset.
Live First Digital USD Price Data
The current price of First Digital USD (FDUSD) is approximately $1.00, reflecting a decrease of -0.03% in the last 24 hours. The FDUSD trading volume in the last 24 hours stands at $311.59Â million. First Digital USD's market cap is currently $4.42Â billion, accounting for about 0.18% of the total crypto market cap. The circulating supply of FDUSD is 4.42Â billion.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand First Digital USD's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on FDUSD, check out our crypto insights page.
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Official Links
FDUSD to USD Converter
Price History
- All-Time High
- $1.321.32x to ATH
- All-Time Low
- $0.95881.04x to ATL
- Trade Launch Date
- 26 Jul, 2023
276 days ago