Stablecoin · Fiat-Backed Regulated · FDUSD
First Digital Labs issues FDUSD, a fiat-backed dollar with reserves held in a Hong Kong registered trust; positioned as the Binance-ecosystem successor to BUSD.
Hong Kong trust-custody dollar stablecoin.
Circulating supply
$350.1M
+0.1% 24h
Latest data · 15 min delay
On-chain logic upgrades, bugs, or parameter errors can impair user funds.
Token, collateral, or peg volatility affects protocol solvency and user outcomes.
Thin markets make exits, liquidations, or redemptions harder during stress.
Stablecoin may de-peg under reserve, liquidity, or confidence stress.
