FDUSD

First Digital USD

A USD stablecoin issued by First Digital Trust (Hong Kong), distributed primarily on Binance.

FDUSD launched 2023 and grew rapidly via Binance fee-promotion. Reserves are held in trust accounts and disclosed via monthly attestations. Concentration in a single distribution venue (Binance) is a structural input to its risk profile.

See on StableLens

/stablecoins/FDUSD — live data, risk grade, and methodology citation.

Related terms

AttestationA third-party accountant's signed statement that an issuer's reserve balances match disclosed amounts at a point in time.
BNB ChainEVM-compatible chain operated by Binance — large stablecoin float, smaller protocol-level diversity than Ethereum L2s.