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24h Spot Volume$ 9.74B-10%
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CryptoRankCurrenciesFirst Digital USD

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First Digital USD

First Digital USDFDUSDPrice $ 1.00

Rank: 89

42 Watchlists

Stablecoin

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Contracts

FDUSD Price

$ 1.00
0%

0.0000381

0.49%
Low
High
$ 0.999$ 1.00

About First Digital USD

FDUSD provides users with a stable digital currency that is backed by fiat currency

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First Digital USD Price

The First Digital USD to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

FDUSD Price Statistics

    Market Cap

    $ 393.91M

    Ƀ 15.02K

    FDMC

    $ 393.90M

    ATH Market Cap

    $ 394.25M

    24h Trade Volume

    $ 702.67M

    Ƀ 26.79K

    Vol (24h) / MCap

    1.7839

    All Time High

    $ 1.01

    01 Aug 2023

FDUSD to USD Converter

First Digital USD Markets

What is First Digital USD (FDUSD)?

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.

First Digital USD Price Today

First Digital USD's current price is $ 1.00, it has dropped -0% over the past 24 hours.

First Digital USD's All Time High (ATH) of $ 1.01 was reached on 1 Aug 2023, and is currently -1.31% down.

The current circulating supply of First Digital USD is 394.06 Million tokens, and the maximum supply of First Digital USD is 394.06 Million.

First Digital USD’s 24 hour trading volume is $ 702.67 Million.

First Digital USD's current share of the entire cryptocurrency market is 0.03%, with a market capitalization of $ 393.91 Million.