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About First Digital USD
First Digital USD (FDUSD) is a 1:1 fiat-backed stablecoin issued by First Digital Trust and First Digital Labs. Launched in 2023, it is designed to maintain a stable value by being fully collateralized by high-quality reserves, including cash and cash equivalents held in segregated, bankruptcy-remote accounts. FDUSD operates as a multi-chain asset, available on networks such as Ethereum, BNB Chain, Solana, Sui, Arbitrum, and TON, providing a reliable and low-fee digital currency for trading, payments, and hedging against volatility within the digital asset ecosystem.
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