What is First Digital USD (FDUSD)?

First Digital USD (FDUSD) is a stablecoin designed to maintain a stable value relative to the US dollar, operating on multiple blockchain networks.

What are the risks associated with transferring First Digital USD?

Digital asset prices can be volatile. Users should verify contract addresses and networks before transferring assets, and understand the risks of self-custody.

How can I verify the acquisition of First Digital USD?

Verify the asset name, network, and contract details before transferring. Ensure the destination address is correct.

Where can I find official resources for First Digital USD?

Official resources for First Digital USD can be found on its website and blockchain explorers like Etherscan and BSCScan.

First Digital USD (FDUSD)

Rank #89

Market snapshot

Price: $0.997913
Market cap: $351.2M
24h volume: $284.1M
Circulating supply: 351,923,721.3597
Total supply: 351,923,721.3597
Max supply: N/A

What is First Digital USD?

First Digital USD (FDUSD) is a stablecoin that aims to provide a digital representation of the US dollar. It is designed to maintain a stable value, making it suitable for various financial applications. FDUSD operates on multiple blockchain platforms, allowing for interoperability and accessibility across different networks.

Key information

Symbol: FDUSD
CMC rank: #89
Network / platforms: Arbitrum, BNB Smart Chain (BEP20), Ethereum, Solana
Categories: N/A
Date added: Jul 26, 2023

Contract address

Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.

Arbitrum
0x93C9932E4afa59201F0B5E63f7d816516F1669fE
BNB Smart Chain (BEP20)
0xc5f0f7b66764F6ec8C8Dff7BA683102295E16409
Ethereum
0xc5f0f7b66764F6ec8C8Dff7BA683102295E16409

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is First Digital USD (FDUSD)?: First Digital USD (FDUSD) is a stablecoin designed to maintain a stable value relative to the US dollar, operating on multiple blockchain networks.
What are the risks associated with transferring First Digital USD?: Digital asset prices can be volatile. Users should verify contract addresses and networks before transferring assets, and understand the risks of self-custody.
How can I verify the acquisition of First Digital USD?: Verify the asset name, network, and contract details before transferring. Ensure the destination address is correct.
Where can I find official resources for First Digital USD?: Official resources for First Digital USD can be found on its website and blockchain explorers like Etherscan and BSCScan.

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