First Digital Usd

About First Digital Usd

First Digital USD (FDUSD) is a fully collateralized stablecoin launched in 2023 by First Digital, an Asia-based trust company established in 2019. Pegged 1:1 to the US dollar, FDUSD is backed by cash and cash equivalents held in segregated accounts, making it bankruptcy remote and transparent. It operates across decentralized blockchain networks including Ethereum and BNB Chain, offering low-fee, frictionless transactions with reliable redemption for US dollars. Designed to bridge traditional finance and digital assets, FDUSD is widely used in trading, DeFi, and cross-border payment applications.