First Digital USD
Perfil del Stablecoin
First Digital USD (FDUSD) es una stablecoin respaldada por fiat anclada a USD, con 384,9 M US$ en suministro circulante a través de 6 redes blockchain. Cada FDUSD está respaldada por reservas del emisor, con paridad atestiguada vía defillama. La paridad se ha mantenido dentro de ±1% en la mayoría de las sesiones de negociación; la composición de las reservas y la cadencia de las atestaciones son los principales factores de su perfil de riesgo crediticio.
Acerca de 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.
Emisor y atestación
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.
Composición de reservas
Backed 1:1 by US dollar deposits and short-duration US Treasuries held with regulated custodians in Asia.
Eventos notables de paridad
Listed across major Asian-market exchanges in 2023; became a key Binance pair after BUSD wind-down.
La información del emisor se recopila a partir de divulgaciones públicas, presentaciones regulatorias de NYDFS / BMA e informes de atestación de fuentes primarias. Verifica siempre directamente con el emisor antes de tomar decisiones.
Actividad reciente de suministro
First Digital USD (FDUSD) supply expanded by 7,3 M US$ (+1.93%) in the last 24 hours, expanded by 10,3 M US$ (+2.75%) over the past week, and contracted by 10,7 M US$ (-2.70%) over the past 30 days.
Mild contraction: redemptions have slightly outpaced minting, with supply down 2.70% in the past month.
Historial de Suministro
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.
| Cadena | Suministro | Cuota | 24h Δ | 30d Δ |
|---|---|---|---|---|
| Ethereum | 241,4 M US$ | 62.73% | +2.82% | -5.55% |
| BSC | 90,9 M US$ | 23.61% | +0.74% | +4.00% |
| Sui | 43,6 M US$ | 11.33% | 0.00% | 0.00% |
| Solana | 8,9 M US$ | 2.32% | 0.00% | -0.00% |
| Arbitrum | 50 mil US$ | 0.01% | 0.00% | 0.00% |
| TON | 1,1 mil US$ | 0.00% | 0.00% | 0.00% |
Historial de estabilidad del anclaje
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.
Cómo las stablecoins reserve-backed defienden su anclaje
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.
Implicaciones prácticas para los tenedores
- 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.
Direcciones de contrato
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.
| Cadena | Dirección del contrato | Verificar |
|---|---|---|
| Ethereum | 0xc5f0f7b66764f6ec8c8dff7ba683102295e16409 | Explorador |
Las direcciones de contrato provienen del perfil de stablecoins de DeFiLlama. Algunas cadenas (Tron, Solana, Aptos, Sui) usan formatos de dirección no EVM. El enlace "Explorador" abre el explorador de bloques oficial de la cadena correspondiente; no enlazamos a exploradores de terceros que puedan mostrar datos alterados.
Comparar First Digital USD con otras stablecoins fiat-backed
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 | Suministro | Mecanismo | Cadenas |
|---|---|---|---|
| Tether (USDT) | 184,1 mil M US$ | fiat-backed | 107 |
| USD Coin (USDC) | 79,6 mil M US$ | fiat-backed | 125 |
| World Liberty Financial USD (USD1) | 4518,8 M US$ | fiat-backed | 8 |
| PayPal USD (PYUSD) | 4088,7 M US$ | fiat-backed | 7 |
| BlackRock USD (BUIDL) | 2542,3 M US$ | fiat-backed | 8 |
Estabilidad del Anclaje
Distribución por Cadena
Recursos y fuentes de datos
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.
Noticias recientes de First Digital USD
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.…
Stablecoins relacionadas
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.
Otras stablecoins fiat-backed
Stablecoins vinculadas a USD
Mayores stablecoins por suministro
Aviso de Riesgo
Las stablecoins conllevan riesgos que incluyen la pérdida del anclaje, cambios regulatorios y riesgo de contraparte. Siempre diversifique y haga su propia investigación.