First Digital USD FDUSD
Rank #142 by market cap
Last 7 days
CM Profile: First Digital USD
Cryptominium Profile. What we have established, measured and written about FDUSD, and what we have not.
- Measured
- Its price, recorded by us every day since 9 August 2026.
- Written, with sources
Read from our own records when this page was made. It describes what we know, and is not a view on whether to hold FDUSD. How each part is worked out
What changed
Week to 17 OctoberNothing we measure moved much this week: trading volume, reported supply and price are all within their usual range.
From our own measurements only, each against the month before. We do not say why a price moves. How this is worked out · Every coin this week
What First Digital USD is
First Digital USD (FDUSD) is a stablecoin pegged to the US dollar, issued by First Digital, a trust company established in 2019 and described in its own materials as a multi-faceted trust partner operating in Asia. The stablecoin is presented as fully collateralized, with reserves held separately from the issuer's own operational funds.
FDUSD is backed by cash and cash equivalents, and the issuer states that holders can redeem tokens for an equivalent value in US dollars at a 1:1 rate. Reserves are held in segregated accounts at a registered trust company, a structure intended to keep them bankruptcy remote from the issuer. The token itself runs on existing blockchain networks rather than its own chain, allowing it to move across whichever infrastructure it is deployed to.
FDUSD is a fiat-backed stablecoin, not a decentralized or algorithmic one: its stability depends on the issuer actually holding adequate reserves and honoring redemptions, not on any on-chain mechanism, and none of the source material offers a public audit, reserve attestation, or proof of reserves to verify this independently. It is deployed across Arbitrum, BNB Chain, Ethereum, Solana, Sui, and The Open Network, meaning the token is represented on each of these networks rather than native to a single one — users should treat it as several linked but distinct on-chain assets, not one unified ledger entry. The "bankruptcy remote" structure describes an intended legal arrangement, not a guarantee; whether segregation holds up in practice depends on the trust company's actual conduct and jurisdiction, neither of which is something a token holder can verify from the blockchain alone. Nothing in the source material establishes governance rights, yield, or any claim beyond redemption for dollars.
Where FDUSD lives
On Solana, a mint authority can create more of the token and a freeze authority can freeze it in a holder's account; both are read from the token itself, every day. On Ethereum, Base and BNB Chain, GoPlus's analysis of each contract is read weekly: whether it has a function to block addresses or pause transfers, and whether an owner holds it. That is GoPlus's reading, not ours. Where a token exists on several chains, one copy's settings say nothing about the original coin.
Always verify a contract address against the project's own site before sending anything. Addresses are shown as published by CoinGecko, not as an endorsement — and identical-looking tokens on other chains are the most common way people lose money here.
Price change
First Digital USD data synced 3m ago from CoinGecko. Figures shown in USD. This page is market information, not financial advice — and nothing here is a recommendation to buy or sell FDUSD.