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About FDUSD

FDUSD is a 1:1 USD-backed Stablecoin. FDUSD provides users with a stable digital currency that is backed by fiat currency, which can help reduce the volatility in the cryptocurrency market. This makes it more appealing to investors and merchants, who are wary of the volatility associated with traditional cryptocurrency price fluctuations. FDUSD can improve the efficiency of financial transactions by reducing transaction costs and improving the speed and accuracy of these transactions in a secure manner. FDUSD can also facilitate cross-border transactions and reduce the fees and processing times associated with traditional methods. The stability of a fiat-backed stablecoin is preserved through the maintenance of a 1:1 peg with the corresponding fiat currency. This is achieved by meticulously ensuring that the value of the reserve assets held matches or exceeds the total quantity of outstanding stablecoins. In essence, the reserves serve as a guarantee for the issuer's commitment to redeem the stablecoin at its nominal value. It is important to note that FDUSD operates under rigorous custodial arrangements.Furthermore, the FDUSD can be programmed, allowing financial contracts, escrow, and insurance without intermediaries.

First Digital USD (FDUSD) is a cryptocurrency launched in 2023. FDUSD has a current supply of 3.98Bn with 3.98Bn in circulation. The last known price of FDUSD is 1.00 USD and is -0.000917139769 over the last 24 hours. It is currently trading on active market(s) with $9.12Bn traded over the last 24 hours. More information can be found at https://firstdigitallabs.com/.

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FDUSD Price Statistics
FDUSD’s Price Today
24h Price Change
-$0.0009171397690.09%
24h Volume
$9.12Bn6.52%
24h Low / 24h High
$0 / $0
Volume / Market Cap
2.29
Market Dominance
0.17%
Market Rank
#27
FDUSD Market Cap
Market Cap
$3.98Bn
Fully Diluted Market Cap
$3.98Bn
FDUSD Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
FDUSD Supply
Circulating Supply
3.98Bn
Total Supply
3.98Bn
Max Supply
0
Updated Apr 16, 2024 12:11 pm
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FDUSD
First Digital USD
$1.00
$0.000917139769(-0.09%)
Mkt Cap $3.98Bn
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Frequently Asked Questions

  • What is the all-time high price of First Digital USD (FDUSD)?

    The all-time high of FDUSD was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of First Digital USD (FDUSD) is 0. The current price of FDUSD is down 0% from its all-time high.

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  • How much First Digital USD (FDUSD) is there in circulation?

    As of , there is currently 3.98Bn FDUSD in circulation. FDUSD has a maximum supply of 0.

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  • What is the market cap of First Digital USD (FDUSD)?

    The current market cap of FDUSD is 3.98Bn. It is calculated by multiplying the current supply of FDUSD by its real-time market price of 1.00.

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  • What is the all-time low price of First Digital USD (FDUSD)?

    The all-time low of FDUSD was 0 , from which the coin is now up 0%. The all-time low price of First Digital USD (FDUSD) is 0. The current price of FDUSD is up 0% from its all-time low.

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  • Is First Digital USD (FDUSD) a good investment?

    First Digital USD (FDUSD) has a market capitalization of $3.98Bn and is ranked #27 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze First Digital USD (FDUSD) price trends and patterns to find the best time to purchase FDUSD.

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