DeFi Intel

First Digital USD token

stablecoin · PageRank 0.0157

Also known as: FDUSD

Source: stablecoins.llama.fi

Overview

First Digital USD (FDUSD) is a fiat-backed stablecoin issued by First Digital Labs, a subsidiary of First Digital Trust. It is pegged 1:1 to the US dollar and used for trading, payments, and decentralized finance applications.

Within the DeFi Intel graph, First Digital USD connects to 21 tracked entities, most strongly to Ethereum, Solana, Arbitrum.

Relations

Top connections in the DeFi Intel knowledge graph (confidence-weighted, 10 of 21 total).

RelationConnected entityConfidence
deployed_onEthereum95%
deployed_onSolana95%
deployed_onArbitrum95%
deployed_onBSC95%
deployed_onSui95%
deployed_onTON95%
deployed_onBNB Smart Chain (BSC)95%
issued_byFirst Digital Trust95%
issued_byFirst Digital Group95%
processesBinance90%

Frequently asked questions

What is First Digital USD?

First Digital USD (FDUSD) is a fiat-backed stablecoin issued by First Digital Labs, a subsidiary of First Digital Trust. It is pegged 1:1 to the US dollar and used for trading, payments, and decentralized finance applications.

What chains is FDUSD deployed on?

FDUSD is deployed on Ethereum, BSC, Sui, Solana, Arbitrum, and TON.

Who issues First Digital USD?

First Digital USD is issued by First Digital Labs, a subsidiary of First Digital Trust and First Digital Group.