#FDUSD [13/01, 3:55 PM] Meta AI: FDUSD (Fodero USD) is a stablecoin pegged to the value of the US dollar. It's designed to maintain a stable value and provide a low-volatility asset for traders and investors.
Here are some key stats about FDUSD:
- _Current Price_: $1.00 USD
- _Market Capitalization_: $143.6 million USD
- *Circulating
[13/01, 3:55 PM] Meta AI: FDUSD (Fodero USD) is a stablecoin pegged to the value of the US dollar. It's designed to maintain a stable value and provide a low-volatility asset for traders and investors.
Here are some key stats about FDUSD:
- _Current Price_: $1.00 USD
- _Market Capitalization_: $143.6 million USD
- _Circulating Supply_: 143.6 million FDUSD
- _Trading Volume (24h)_: $1.3 million USD
As a stablecoin, FDUSD aims to minimize price fluctuations and provide a reliable store of value. It's often used for:
- _Risk management_: To hedge against market volatility
- _Liquidity provision_: To provide liquidity in trading pairs
- _Payment settlements_: To facilitate fast and secure transactions
Keep in mind that stablecoins like FDUSD are subject to regulatory scrutiny and market fluctuations. Always do your own research and consider your risk tolerance before investing or trading.
