First Digital USD
Performance
Converter
Metrics
Derivatives
Liquidity
Classification
Recent events
Social activity
Links
Contracts
Ethereum4.3K0xc5f0…e16409Top markets
Supply
Latest news
Key facts
First Digital USD in numbers
First Digital USD (FDUSD) ranks #108 by market capitalization, at $323.98M. It belongs to the CeFi sector (Centralized Issuer). It has traded since Jul 26, 2023, across 138 markets on 19 exchanges, with $248.28M of volume in the last 24 hours. Its all-time high of $1.01 was reached on Jun 8, 2024; the current price is 1.4% below that peak. Its cycle low of $0.958273 came on Apr 2, 2025.
283.78M FDUSD are in circulation. On BNB Chain, 23,663 addresses hold FDUSD. It is available on 6 networks.
About First Digital USD
First Digital USD is a fiat-collateralized stablecoin, which offers individuals the advantage of transacting on blockchains while mitigating price risk. First Digital’s core offering is its FDUSD stablecoin, which is “fully backed by one US Dollar or an asset of equivalent fair value.”
Background
First Digital was established in 2017 under the Legacy Trust Company, a Hong Kong-based custodian and trust, “to offer open finance solutions” for the digital assets economy. In 2019, First Digital Trust Limited, the custody and trust arm of First Digital, became an independent public trust corporation headquartered in Hong Kong.
The FDUSD token was launched on Ethereum on April 28, 2023, and subsequently launched on BNB Smart Chain on May 2, 2023.
As March 2024, the most recent Prescient Assurance Independent Accountant’s Report (pg. 5) shows the company’s reserves totaled ~$2.59 billion on Jan. 31, 2024, under the following composition: