What is First Digital USD (FDUSD)

Start learning about what is First Digital USD through guides, tokenomics, trading information, and more.
First Digital USD (FDUSD) is a 1:1 USD-backed stablecoin issued by First Digital Labs, the brand name of FD121 Limited. The FDUSD stablecoin is backed on a 1:1 basis by one U.S. Dollar or asset of equivalent fair value, held in accounts of regulated financial institutions in Asia. Independent reserve audits are published monthly. FDUSD is currently available on Ethereum, BNB Chain,and Sui.
Tokenomics describes the economic model of First Digital USD (FDUSD), including its supply, distribution, and utility within the ecosystem. Factors such as total supply, circulating supply, and token allocation to the team, investors, or community play a major role in shaping its market behavior.
First Digital USD TokenomicsPro Tip: Understanding FDUSD's tokenomics, price trends, and market sentiment can help you better assess its potential future price movements.
Building on tokenomics and past performance, price predictions for FDUSD aim to estimate where the token might be headed. Analysts and traders often look at supply dynamics, adoption trends, market sentiment, and broader crypto movements to form expectations. Did you know, MEXC has a price prediction tool that can assist you in measuring the future price of FDUSD? Check it out now!
First Digital USD Price PredictionThe information on this page regarding First Digital USD (FDUSD) is for informational purposes only and does not constitute financial, investment, or trading advice. MEXC makes no guarantees as to the accuracy, completeness, or reliability of the content provided. Cryptocurrency trading carries significant risks, including market volatility and potential loss of capital. You should conduct independent research, assess your financial situation, and consult a licensed advisor before making any investment decisions. MEXC is not liable for any losses or damages arising from reliance on this information.
Amount
1 FDUSD = -- USD
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