First Digital USD

First Digital USD (FDUSD) is a fiat-backed stablecoin pegged to USD, with $384.9M in circulating supply across 6 blockchain networks. Each FDUSD is backed by reserves held by the issuer, with parity attested via defillama. The peg has historically held within ±1% on most trading sessions, with reserve composition and attestation cadence the primary inputs to its credit-risk profile.

Each FDUSD is intended to be fully backed by one US dollar or an asset of equivalent fair value.

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.

Issuer information is compiled from public disclosures, NYDFS / BMA regulatory filings, and primary-source attestation reports. Always verify directly with the issuer before making decisions.

First Digital USD (FDUSD) supply expanded by $7.3M (+1.93%) in the last 24 hours, expanded by $10.3M (+2.75%) over the past week, and contracted by $10.7M (-2.70%) over the past 30 days.

Mild contraction: redemptions have slightly outpaced minting, with supply down 2.70% in the past month.

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.

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.

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.

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.

Contract addresses are sourced from DeFiLlama's stablecoin profile. Some chains (Tron, Solana, Aptos, Sui) use non-EVM address formats. The "Explorer" link opens the official block explorer for the given chain; we do not link out to third-party explorers that may show altered data.

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.

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.