#fdusd
First Digital USD (FDUSD) is a USD-pegged stablecoin launched in 2023 by First Digital Trust, a Hong Kong-based financial firm. It’s designed to provide a compliant and transparent stable digital asset for global use. FDUSD is issued on blockchains like Ethereum and BNB Chain, offering fast, low-cost transactions. Backed 1:1 with cash or highly liquid reserves, FDUSD is regularly audited for accountability. The token aims to blend the trust of traditional finance with the speed of Web3, becoming a bridge between digital and fiat economies. FDUSD is gaining traction on exchanges and within DeFi protocols.