First Digital USD
Stablecoin-Profil
First Digital USD (FDUSD) ist ein fiat-gedeckter Stablecoin, gebunden an USD, mit 384,9 Mio. $ im zirkulierenden Angebot über 6 Blockchain-Netzwerke. Jeder FDUSD ist durch Reserven des Emittenten gedeckt, mit Parität attestiert über defillama. Die Bindung wurde in den meisten Handelsphasen innerhalb von ±1% gehalten, wobei Reservezusammensetzung und Attestierungsfrequenz die wesentlichen Inputs für sein Kreditrisikoprofil sind.
Über First Digital USD (FDUSD)
Each FDUSD is intended to be fully backed by one US dollar or an asset of equivalent fair value.
To redeem your FDUSD stablecoin, you must first become a client of First Digital Labs and meet specific requirements, including Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) checks. Upon successful completion of these checks, you can exchange your FDUSD for its equivalent in fiat currency, thereby taking it out of circulation. Alternatively, you can sell your FDUSD tokens on the secondary market through a cryptocurrency exchange or an Over-the-Counter (OTC) provider that supports FD121's stablecoins.
Emittent & Attestierung
First Digital USD (FDUSD) is issued by First Digital Trust, operating under Hong Kong (registered under the Trust or Company Service Provider regime). Originally launched in 2023.
Reserve-Zusammensetzung
Backed 1:1 by US dollar deposits and short-duration US Treasuries held with regulated custodians in Asia.
Bemerkenswerte Peg-Ereignisse
Listed across major Asian-market exchanges in 2023; became a key Binance pair after BUSD wind-down.
Informationen zum Emittenten stammen aus öffentlichen Offenlegungen, regulatorischen NYDFS- / BMA-Einreichungen und primären Attestierungsberichten. Vor Entscheidungen stets direkt beim Emittenten verifizieren.
Jüngste Angebotsaktivität
First Digital USD (FDUSD) supply expanded by 7,3 Mio. $ (+1.93%) in the last 24 hours, expanded by 10,3 Mio. $ (+2.75%) over the past week, and contracted by 10,7 Mio. $ (-2.70%) over the past 30 days.
Mild contraction: redemptions have slightly outpaced minting, with supply down 2.70% in the past month.
Supply-Verlauf
Network distribution
First Digital USD circulates across 6 blockchain networks. Ethereum hosts the largest share at 62.73%, followed by BSC at 23.61%. Cross-chain distribution has remained broadly stable over the past 30 days.
| Kette | Angebot | Anteil | 24h Δ | 30d Δ |
|---|---|---|---|---|
| Ethereum | 241,4 Mio. $ | 62.73% | +2.82% | -5.55% |
| BSC | 90,9 Mio. $ | 23.61% | +0.74% | +4.00% |
| Sui | 43,6 Mio. $ | 11.33% | 0.00% | 0.00% |
| Solana | 8,9 Mio. $ | 2.32% | 0.00% | -0.00% |
| Arbitrum | 50.018,2 $ | 0.01% | 0.00% | 0.00% |
| TON | 1088 $ | 0.00% | 0.00% | 0.00% |
Verlauf der Peg-Stabilität
First Digital USD (FDUSD) is designed to trade at exactly 1.00 USD, with its peg defended through direct redeemability against off-chain reserves. Spot price currently sits at $1.0004, a +0.036% deviation from the target — well inside the stability band typical for reserve-backed dollar tokens.
Wie reserve-backed-Stablecoins ihren Peg verteidigen
Fiat-backed stablecoins maintain their peg through arbitrage: any time the secondary-market price drifts above $1.00, authorised participants mint new tokens by depositing dollars and sell them into the market; any time it drifts below, they buy on the open market and redeem 1:1 for dollars. The peg therefore depends entirely on (a) the reserves actually existing, (b) the issuer honouring redemption requests promptly, and (c) the issuer remaining solvent and unfrozen.
Praktische Auswirkungen für Inhaber
- Counterparty risk is concentrated in the issuer and its banking partners — a banking failure (as in the March 2023 USDC / SVB episode) can cause short-term depegs even when the underlying reserves are sound.
- Reserve attestations are not full audits. Always read the firm name, scope, and date of the latest attestation report before treating the peg as risk-free.
- Redemption rights typically apply only to verified institutional partners, not to retail holders. Retail exposure is exited via secondary markets, where liquidity matters most during stress periods.
- Regulatory action against the issuer (NYDFS orders, OFAC freezes, court-ordered blacklists) can immediately impair specific addresses or even the entire token.
- Mantapex tracks peg deviation in real time from DeFiLlama price feeds, but for high-value holdings cross-check directly on at least one independent venue (CoinGecko, the issuer's own dashboard, or an on-chain DEX).
Peg-stability commentary is based on the mechanism class (reserve-backed) and is provided for educational purposes only — it is not financial advice. Past peg stability is not a guarantee of future performance, and even the highest-quality stablecoins have historically traded outside their target band during banking, regulatory, or liquidity stress.
Vertragsadressen
First Digital USD (FDUSD) is deployed as a token contract on 1 blockchain network below. Always verify the contract address you're interacting with on the relevant block explorer before sending funds — phishing tokens reusing well-known stablecoin tickers are common, especially on newer chains.
| Kette | Vertragsadresse | Verifizieren |
|---|---|---|
| Ethereum | 0xc5f0f7b66764f6ec8c8dff7ba683102295e16409 | Explorer |
Vertragsadressen stammen aus dem Stablecoin-Profil von DeFiLlama. Einige Ketten (Tron, Solana, Aptos, Sui) verwenden Nicht-EVM-Adressformate. Der „Explorer"-Link öffnet den offiziellen Blockexplorer für die jeweilige Kette; wir verlinken nicht auf Drittanbieter-Explorer, die geänderte Daten anzeigen könnten.
First Digital USD mit anderen fiat-backed-Stablecoins vergleichen
Below are the largest fiat-backed stablecoins tracked on Mantapex alongside First Digital USD (FDUSD). Comparing supply and chain footprint within the same mechanism class is more meaningful than cross-class comparison, because the underlying peg-defence assumptions are different.
| Stablecoin | Angebot | Mechanismus | Ketten |
|---|---|---|---|
| Tether (USDT) | 184,1 Mrd. $ | fiat-backed | 107 |
| USD Coin (USDC) | 79,6 Mrd. $ | fiat-backed | 125 |
| World Liberty Financial USD (USD1) | 4,5 Mrd. $ | fiat-backed | 8 |
| PayPal USD (PYUSD) | 4,1 Mrd. $ | fiat-backed | 7 |
| BlackRock USD (BUIDL) | 2,5 Mrd. $ | fiat-backed | 8 |
Über Mechanismusklassen hinweg
If you're researching FDUSD as part of a broader stablecoin allocation, it's worth comparing it across mechanism classes — each design has different counterparty, custody, and tail-risk profiles.
Peg-Stabilität
Chain-Verteilung
Ressourcen & Datenquellen
First Digital USD (FDUSD) is tracked across major crypto data providers. The links below open First Digital USD (FDUSD)'s pages on CoinGecko, CoinMarketCap and DeFiLlama, so you can cross-check supply, market cap, exchange listings and historical price data directly at the source.
Price feed sourced from defillama. Supply, peg and chain-distribution data are aggregated from DeFiLlama's stablecoins dataset, which combines on-chain balances across supported networks. Numbers on this page typically refresh every 10 minutes.
Aktuelle First Digital USD-Nachrichten
Latest reporting from major crypto news outlets covering First Digital USD.
- Invezz
Binance to delist FDUSD trading pairs across major cryptocurrencies
As 2025 draws to a close, Binance is making another adjustment to its trading lineup, underscoring how large exchanges regularly recalibrate products before entering a new cycle.…
- Crypto news
Binance to delist FDUSD pairs for BCH, AVAX, LTC, SUI, ADA, LINK and TAO
Binance will scrap FDUSD spot and margin pairs for BCH, TAO, AVAX, LTC, SUI, ADA and LINK on Jan. 6, with limited price reaction across the tokens.
- PYMNTS
Stablecoin Firm First Digital Plans SPAC Market Listing
Stablecoin issuer First Digital is reportedly the latest crypto company planning to go public. The Hong Kong-based company is aiming to list via a special purpose acquisition…
- The Cryptonomist
FDUSD lands on TON Blockchain: new opportunities in DeFi
The TON Foundation announces that the First Digital USD (FDUSD), the stablecoin of First Digital Group, is now natively available on TON Blockchain. This strategic step…
- Crypto news
FDUSD now live on Arbitrum to support DeFi growth
First Digital Labs has launched FDUSD on Arbitrum, Ethereum's largest Layer-2 network, marking the stablecoin's latest expansion and further strengthening its cross-chain presence.
- CoinMarketCap
Binance Introduces Initia (INIT) on Launchpool To Farm by Locking BNB, FDUSD, and USDC
Binance has announced the launch of its 68th project on the Binance Launchpool, featuring Initia (INIT), an omni-chain rollups network designed to enhance the capabilities of…
- Cryptonews
FDUSD Stablecoin Fully Backed, Says First Digital Labs Amid Justin Sun Fraud Allegations
First Digital Labs has published a new report confirming that its FDUSD stablecoin remains fully backed by reserves, as it faces fraud accusations from Justin Sun. The post FDUSD…
- Crypto news
FDUSD custodian releases attestation report showing 1:1 backing despite Justin Sun's $500M fraud claim
First Digital Labs has released a new attestation report confirming that its FDUSD stablecoin is fully backed despite ongoing fraud accusations from Tron founder Justin Sun.…
Verwandte Stablecoins
Stablecoins comparable to First Digital USD by collateral mechanism, peg currency, or circulating supply — handy for spotting alternatives if a peg breaks or a regulator forces a delist.
Andere fiat-backed Stablecoins
An USD gebundene Stablecoins
Größte Stablecoins nach Angebot
Risikohinweis
Stablecoins tragen Risiken, einschließlich De-Pegging, regulatorischer Änderungen und Gegenparteirisiken. Diversifiziere immer und führe eigene Recherchen durch.