Name: First Digital USD
Brand: Binance
Price: 1 NGN
Availability: InStock

Price of First Digital USD Today

The live price of First Digital USD is $0.999463 per (FDUSD / USD) with a current market cap of $506.04M USD. 24-hour trading volume is $4.58B USD. FDUSD to USD price is updated in real-time. First Digital USD is -0.03% in the last 24 hours with a circulating supply of 506.31M.

FDUSD Price History USD

Date Comparison	Amount Change	% Change
Today	$-0.00028	-0.03%
30 Days	$0.001415	+0.14%
60 Days	$0.002673	+0.27%
90 Days	$0.001313	+0.13%

First Digital USD Chart Performance

24h Low & High

Low: $0.998001

High: $1.00072

The highest and lowest price paid for this asset in 24 hours.

All Time High

$1.059593

The highest price paid for this asset since it was launched or listed.

Price Change (1h)

-0.02%

The percentage change in price for this asset compared to 1 hour ago.

Price Change (24h)

-0.03%

The percentage change in price for this asset compared to 24 hours ago.

Price Change (7d)

+0.16%

The percentage change in price for this asset compared to 7 days ago.

24h Low & High

Low: $0.998001

High: $1.00072

All Time High

$1.059593

Price Change (1h)

-0.02%

Price Change (24h)

-0.03%

Price Change (7d)

+0.16%

First Digital USD Market Stats

Popularity

#94

Popularity is based on the relative market cap of assets.

Market Cap

$506.04M

Market cap is calculated by multiplying the asset's circulating supply with its current price.

Volume (24hours)

$4.58B

The total dollar value of all transactions for this asset over the past 24 hours.

Circulation Supply

506.31M

The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.

Total Maximum Supply

The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.

Fully Diluted Market Cap

$506.04M

About First Digital USD (FDUSD)

FDUSD is a 1:1 USD-backed stablecoin issued by FD121 Limited, a distinct entity operating under the brand name of First Digital Labs, located in Hong Kong.

The primary objective of FDUSD is to provide users with a reliable digital currency that mitigates volatility in the cryptocurrency market. By achieving this, it aims to enhance the efficiency of financial transactions by reducing transaction costs and offering faster, highly secure transactions.

One of the key features of FDUSD, as per their website, is its programmable nature, which enables the execution of various financial contracts, escrow services, and insurance without the need for intermediaries. This programmability brings added flexibility and efficiency to financial operations involving FDUSD.

FDUSD is redeemable for US dollars at a 1:1 ratio, and its reserves are securely held in segregated bank accounts, subject to monitoring and audits conducted by independent third-parties like Prescient Assurance.

FDUSD is listed on Binance for trade and purchase. The live price of First Digital USD (FDUSD) is updated and available in real time on Binance.

People Also Ask: Other Questions About First Digital USD

What is First Digital USD (FDUSD) Coin?

FDUSD is a stablecoin created by First Digital, a Hong Kong-based company. It is pegged to the US dollar at a 1:1 ratio.

What Is FDUSD Used For?

FDUSD enhances financial transaction efficiency through lower costs, increased speed, and enhanced accuracy while ensuring security. It also facilitates cross-border transactions, reducing fees and processing times compared to traditional methods. Additionally, its programmable nature allows for seamless execution of financial contracts, escrow services, and insurance without the need for intermediaries.

Which Blockchain Networks Support FDUSD?

FDUSD is available on Ethereum and BNB Chain with planned support for an increasing number of blockchains.

How to Buy First Digital USD (FDUSD)?

FDUSD can be purchased directly from Binance using a debit or credit card. It can also be traded for other cryptocurrencies on the Binance exchange. Live FDUSD price is updated in real-time on Binance. Read our How to Buy FDUSD guide for more instructions.

FDUSD vs USDT: What is the Difference Between FDUSD and USDT?

FDUSD and USDT are both stablecoins pegged to the US dollar, but they differ in issuer and regulatory approach. FDUSD is issued by First Digital Labs and emphasizes transparency and compliance with Hong Kong regulations. USDT, issued by Tether, is one of the oldest and most traded stablecoins, widely used across global exchanges. Both serve similar purposes, but users may choose based on preferences for liquidity, transparency, or jurisdiction.

Is it Safe to Invest in Stablecoins like FDUSD?

Stablecoins are generally seen as less volatile than other cryptocurrencies because they’re designed to maintain a fixed value, usually tied to a fiat currency like the US dollar. While this can make them appear safer, it's still important to consider factors like the issuer’s reserve transparency, regulatory environment, and platform risk. Always do your own research before investing.

How Could the Genius Act Impact Stablecoins like FDUSD?

The recently passed Genius Act in the U.S. introduces clearer regulations for stablecoins, focusing on reserve transparency, consumer protection, and issuer accountability. While not all stablecoin issuers are based in the U.S., the Act could influence how platforms and institutions interact with these assets in U.S.-linked markets. Over time, this regulatory clarity may boost confidence and support broader adoption of compliant stablecoins.

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