First Digital USD | Trading Non Stop

What is FDUSD?

First Digital USD (FDUSD) is a stablecoin fully backed 1:1 by the US dollar. It’s designed to provide stability in the often unpredictable cryptocurrency market while supporting international payments, decentralized finance (DeFi), and programmable financial services.

Fully backed by USD assets – FDUSD is secured by cash, US Treasury securities, and similar assets held by licensed custodians.
Works across multiple blockchains – It operates natively on Ethereum, BNB Chain, Arbitrum, Solana, and TON, enabling fast and low-cost global transactions.
Built with compliance in mind – It follows Hong Kong’s strict stablecoin rules and undergoes monthly third-party audits to ensure transparency and security.

Deep Dive

1. How FDUSD Maintains Its Dollar Peg

FDUSD keeps its value stable by backing every coin with real assets: 17.5% in cash, 74.5% in US Treasury Bills, and other liquid investments. These reserves are legally separated and regulated under Hong Kong law (First Digital Labs). Independent auditors, like Prism Hong Kong, perform monthly reviews to confirm the reserves are sufficient. Additionally, smart contracts that manage FDUSD have been checked by security firms PeckShield and Quantstamp to reduce technical risks.

2. Multi-Blockchain Support

FDUSD is available on six blockchains, including TON, which powers Telegram’s 900 million+ users. This multi-chain setup allows users to send money across borders easily and participate in DeFi activities like lending and yield farming. By operating natively on these blockchains, FDUSD avoids risks associated with transferring tokens across different networks (known as “bridging”). It also integrates with popular platforms like PancakeSwap and TON’s Wallet to make using FDUSD simple and secure.

3. Regulatory Compliance

FDUSD is regulated in Hong Kong, meeting strict requirements such as full asset backing, guaranteed redemption, and anti-money laundering (AML) controls. This regulatory approach offers more security compared to algorithmic stablecoins, which rely on complex algorithms and can lose their peg during market downturns (CertiK Stablecoin Report 2025).

Conclusion

FDUSD blends transparent, institutional-level asset backing with broad blockchain accessibility and strong regulatory oversight. This makes it a reliable bridge between traditional finance and the crypto world. Looking ahead, its focus on programmable financial contracts and partnerships with platforms like Zeus Network could expand its uses far beyond simple payments.