๐ Core Features of $FDUSD
1. Stablecoin Pegged to USD
Fully backed 1:1 by high-quality reserves, including cash and cash equivalents.
Designed to maintain stability in value, making it useful for trading, payments, and DeFi.
2. Regulated and Transparent
Issued by First Digital Trust, a Hong Kong-based, regulated trust company.
Monthly attestation reports are published by top audit firms (e.g., BDO) to ensure transparency.
3. Multi-Chain Support
Available on Ethereum (ERC-20) and BNB Smart Chain (BEP-20).
Enables fast, low-cost transfers across supported networks.
4. Institutional Grade Custody
Funds are held in segregated accounts separate from the companyโs operational funds.
Compliant with AML/KYC and other regulatory standards.
5. Zero or Low Fees
Often offered with zero trading fees on platforms like Binance for selected trading pairs.
Popular among arbitrage traders and high-volume traders.
6. Growing Adoption
Supported on major exchanges including Binance, OKX, and others.
Increasing use in DeFi protocols, staking, and cross-border payments.