First Digital USD | Trading Non Stop

What is FDUSD?

First Digital USD (FDUSD) is a regulated stablecoin backed by real U.S. dollars, created in Asia to serve as a dependable "global digital dollar" for international payments and decentralized finance (DeFi).

Fully Backed & Audited – Every FDUSD token is supported 1:1 by cash and cash-like assets such as U.S. Treasury Bills. Independent auditors verify these reserves every month.
Compliance-Focused – FDUSD operates under Hong Kong’s financial regulations, with assets held by a licensed custodian, ensuring transparency and legal security.
Works Across Multiple Blockchains – FDUSD is available on six major blockchains, including Ethereum, BNB Chain, Solana, Arbitrum, Sui, and TON, enabling fast and cost-effective global transactions and DeFi activities.

Deep Dive

1. Regulated Reserve Model

FDUSD maintains its value through a full-reserve system. Each token is backed 100% by liquid assets: 74.5% U.S. Treasury Bills, 17.5% cash, 6% bank deposits, and 2% reverse repos (First Digital Labs). These funds are securely held in separate accounts managed by First Digital Trust, a licensed custodian in Hong Kong. The company commits to monthly independent audits following ISAE 3000 standards, with reports made public. This approach helps ensure FDUSD stays pegged to the U.S. dollar and builds trust with institutions.

2. Compliance-First Architecture

FDUSD is issued by First Digital Group and follows strict regulatory guidelines in Hong Kong. The project prioritizes compliance with the highest industry standards, including thorough Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) checks for its users. This "compliance-first" design aims to connect traditional finance with the crypto world, making FDUSD suitable for uses like institutional settlements and corporate treasury management.

3. Multi-Chain Expansion Strategy

To increase its usefulness and liquidity, FDUSD is launched on multiple blockchains. Besides Ethereum and BNB Chain, it expanded to Solana, Arbitrum, Sui, and The Open Network (TON) in 2025 (The Defiant). For example, the TON integration targets Telegram’s large user base to enable stable digital payments. This multi-chain approach reduces risks related to moving tokens between blockchains and aims to make FDUSD a key liquidity option for various regional DeFi platforms and payment systems.

Conclusion

First Digital USD is a transparent and regulated stablecoin fully backed by fiat currency, designed to act as a digital dollar for global finance. Its strong ties to Asian regulatory frameworks could influence how widely it is adopted, especially when competing with larger, more established stablecoins.