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Stablecoin
Contracts
Ethereum
FDUSD Price
0.0000381
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 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'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.