Assets · Stablecoin · issued by First Digital
First Digital USD (FDUSD)Updated 26 Oct 2026
US dollar stablecoin issued by Hong Kong's First Digital, used mainly as a trading pair on Binance.
Issued through First Digital USD (FDUSD) Live (scaled)
Classification · low confidence
- Legal form
- Stablecoin from economic tests
- Underlying
- Government debt · Government debt 77%, Money 24% (28 Feb 2026)
- Value behaviour
- Stable value · no income
- Ledger role
- Native
Issuer transparency page (archived 16 Apr 2026) at 28 Feb 2026: $381.7m in reserve accounts for 380.4m FDUSD in circulation; US Treasury bills 74.5%, cash 17.5%, bank deposits 6%, reverse repo 2% (repo counted with government debt). Low: issuer page only, and the 2026 monthly attestation PDFs were not found (the archive lists reports to July 2025; the live page is behind a bot check).
Sourced[2]. How assets are classified: methodology.
Contracts
No contract addresses recorded yet.
Sources
- [1]First Digital USD reaches US$1 billion market capitalisation — First Digital (via Cision / AAP), 6 Dec 2023. Accessed 11 Oct 2026.B
- [2]Transparency: reserves as of 28 Feb 2026 — First Digital Labs (via Internet Archive). Accessed 26 Oct 2026. Archived copy of the issuer page dated 16 Apr 2026; the live page returns a Cloudflare challenge..B