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First Digital USD

First Digital USD

FDUSD

0.05 %(1Y)

$0.997996

Price chart

Statistics

Price change (24h):

0.01%

High (24h):

$0.998033

Low (24h):

$0.997544

Volume (24h):

$33.56M

Market Cap:

$336.84M

All Time High:

13.33% $1.15

Feb 3, 2025

All Time Low:

6% $0.94

Dec 5, 2024

About First Digital USD

First Digital USD (FDUSD) is a fiat-collateralized stablecoin launched in 2023. It anchors its value to the United States dollar through an equivalent reserve of cash and cash equivalents.

The asset serves as a programmable dollar for decentralized finance and commerce, tackling the twin problems of cryptocurrency volatility and the sluggishness of traditional wire transfers. By offering redeemability at par with minimal transaction fees, it displaces correspondent banking intermediaries. Settlement finality occurs on-chain within seconds, regardless of geographic borders.

First Digital USD operates on the Ethereum network. Natively minted versions also circulate on BNB Chain, Solana, Sui, Arbitrum, and The Open Network, forming a multi-chain liquidity backbone without relying on bridges for core issuance.

Technically, the token conforms to the ERC-20 standard on Ethereum, BEP-20 on BNB Chain, and SPL on Solana, with equivalent token specifications on Sui and Arbitrum. This polymorphic structure allows smart contract composability across heterogeneous virtual machines, from the Ethereum Virtual Machine to Move-based environments.

The issuer, First Digital, was founded in 2019 as a regulated trust company in Asia, positioning itself as a conduit between legacy banking and digital asset infrastructure. FDUSD itself went live on-chain in 2023, drawing on years of institutional groundwork. A cornerstone principle—bankruptcy remoteness—was embedded early, ring-fencing reserves in a segregated trust to insulate token holders from any issuer insolvency.

Beyond mere price stability, the overarching thesis is the creation of a trusted, always-redeemable digital dollar that functions identically across markets, from decentralized exchanges to institutional treasury settlements. Reserves composed of high-quality liquid assets and held in segregated accounts aim to eliminate both credit risk and fractional-reserve ambiguity.

Mechanically, FDUSD acts as a settlement layer for trades, a base asset in lending pools, and a stable unit for yield strategies. Users can transfer it peer-to-peer for near-zero fees, then redeem the balance for US dollars via First Digital’s off-ramp, with reserve attestations published regularly. The token’s architecture is bankruptcy remote, meaning reserves cannot be seized to satisfy the issuer’s creditors.

Liquidity providers allocate FDUSD to automated market makers to capture swap fees without exposure to impermanent loss’s directional volatility. Arbitrageurs exploit on-chain/off-chain discrepancies to keep the peg tight. Cross-border businesses settle invoices in FDUSD, bypassing SWIFT delays and heavy FX spreads.

First Digital USD has a total supply of 415,483,103.16 tokens. Currently, 415,483,103.16 tokens are in circulation. With a market capitalization of $414,825,484, First Digital USD ranks #114 among all cryptocurrencies.

First Digital USD Historical Price Data

Date Open Close High Low
$1.00 $1.00 $1.00 $1.00
$1.00 $1.00 $1.00 $1.00
$1.00 $1.00 $1.00 $1.00
$1.00 $1.00 $1.00 $1.00
$1.00 $1.00 $1.00 $1.00
$1.00 $1.00 $1.00 $1.00
$1.00 $1.00 $1.00 $1.00
$1.00 $1.00 $1.00 $1.00
Why is manual trading First Digital USD a bad idea?
Manual fdusd trading
  • Miss perfect entry/exit
  • Emotional decisions
  • Huge time to monitor
Stoic AI
  • AI trades 24/7 automatically Catch every opportunity

  • Zero-emotion algorithm Disciplined strategy

  • Passive income Set & forget automation

20,000+

traders trusted Stoic AI

$200M+

in cumulative assets under management since inception

2015

year of company foundation

Try Automated FDUSD Trading

FAQ

  • First Digital USD (FDUSD) is a cryptocurrency that can be bought, sold, and traded on major exchanges. Its price changes in real time based on supply, demand, and broader market conditions. You can track the live FDUSD price, market cap, and 24-hour trading volume at the top of this page.
  • The current price of First Digital USD (FDUSD) is $0.997996. Over the last 24 hours, it has moved 0.01%. Crypto prices update continuously, so short-term changes can happen quickly.
  • You can buy First Digital USD on major exchanges like Binance, Coinbase, or KuCoin. However, simply buying and holding can be risky due to market volatility.

    The smartest way to manage your FDUSD investment is to connect your exchange account to Stoic AI. This allows you to keep funds on your preferred exchange while our institutional-grade algorithm automates the trading strategy for you, aiming to outperform manual trading.
  • Stablecoins (like FDUSD) are designed to maintain a stable value, usually pegged to a fiat currency like the US dollar. While their price typically stays close to the peg, they can occasionally depeg due to market stress, liquidity issues, or concerns about reserve backing.

    Many traders use stablecoins as a safe haven during crypto market volatility or as a convenient way to move funds between exchanges.
  • We can’t provide investment advice. Whether First Digital USD is a good investment depends on your risk tolerance, time horizon, and strategy. Crypto markets are highly volatile and past performance doesn't guarantee future results. Many investors reduce risk by diversifying across multiple assets and using automated strategies that remove emotional decision-making. Always do your own research before investing.
  • Common approaches include buy & hold, discretionary trading based on technical analysis, or automated strategies. Manual trading can be difficult due to fees, timing, and emotional decisions. Stoic AI offers an out-of-the-box automated approach: connect your exchange via trade-only API permissions, choose a strategy, and the system manages portfolio rebalancing 24/7.
  • Stoic AI uses hedge fund-grade quantitative strategies developed by Cindicator, a fintech company with 9+ years of experience and $230M+ in assets under management. The algorithm analyzes price data, volatility, and correlations to build and rebalance a diversified portfolio. FDUSD can be included based on real-time market conditions. Over 18,000 customers already use Stoic AI to automate their crypto portfolios.
  • With Stoic AI, your funds stay on your exchange (Binance, Coinbase, KuCoin, etc.) at all times. Stoic connects via read-and-trade-only API keys - it cannot withdraw your funds. The platform uses institutional-grade risk management and has been live-tested through multiple market cycles since 2020, including the 2022 crypto winter. You maintain full control and can disconnect at any time.
  • You can start with as little as $500. There are no lock-ups and no hidden fees. You can try it now and withdraw your funds at any time. Create a Stoic account, connect your exchange using an API key with trading‑only permissions, choose a strategy, and start automated trading. You can stop anytime by revoking the API key on your exchange. Since the funds stay in your exchange wallet, you remain in control of deposits and withdrawals.

Disclaimer:

This website is operated by Cindicator Ltd. (“Cindicator”), a Gibraltar private company. You are solely responsible for compliance with all laws that may apply to you and your use of Cindicator products. Cryptocurrencies and blockchain technologies have been the subject of scrutiny by regulatory bodies worldwide. With respect to your use of Cindicator products, Cindicator makes no representations regarding the applicability or compliance of its products with any laws or regulations, including, without limitation, those related to trading, options, derivatives, or securities. You also assume all legal, economic, and other risks related to your use of Cindicator products, including legal uncertainty, market volatility, and information security risks, among others. Trading in cryptocurrencies and digital assets is highly speculative, and the value of investments can fluctuate dramatically. You may lose a substantial portion or even all of your invested capital, and such trading may not be suitable for everyone. If you are unsure about these risks or your ability to bear potential losses, you should consult with an independent financial advisor before using Cindicator products. Depending on your jurisdiction, access to or use of Cindicator products may be subject to certain legal restrictions or prohibitions. You agree that it is solely your responsibility to determine and comply with any laws and regulations applicable to your use of Cindicator products, and that Cindicator is not responsible for informing you of such requirements.

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