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First Digital USD price performance in USD
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About First Digital USD(FDUSD)
What is First Digital USD (FDUSD) Coin?
First Digital Labs, located in Hong Kong, operates under the brand name of FD121 Limited and issues FDUSD, a stablecoin that is backed by USD at a 1:1 ratio.
What Is FDUSD Used For?
By utilizing FDUSD, financial transactions can be made more efficiently with reduced costs, increased speed, and improved accuracy, all while maintaining security. This stablecoin also enables cross-border transactions, which can significantly decrease fees and processing times compared to traditional methods. Its programmable features also make it possible to execute financial contracts, escrow services, and insurance without requiring intermediaries.
What Makes First Digital USD Unique?
It's important to maintain a 1:1 peg between a fiat-backed stablecoin and its corresponding fiat currency in order to ensure stability. This is done by closely monitoring the value of the reserves and ensuring they exceed the total number of outstanding stablecoins. The reserves act as a guarantee that the issuer will redeem the stablecoin at its nominal value. It's worth noting that FDUSD is subject to strict custodial arrangements.
What’s The Main Aim Of FDUSD?
The main aim of FDUSD is to offer users a dependable digital currency that helps to decrease volatility in the cryptocurrency market. Through this, it strives to improve the effectiveness of financial transactions by lowering transaction expenses and providing quicker, extremely secure transactions.
FDUSD to local currency
Crypto calculator- 1 FDUSD to USD$1
- 1 FDUSD to JPY0.99986595
- 1 FDUSD to VND0.99986595
- 1 FDUSD to RUB0.99986595
- 1 FDUSD to EUR (Español)0.99986595
- 1 FDUSD to TRY0.99986595
- 1 FDUSD to EUR (Italiano)0.99986595
- 1 FDUSD to EUR (Français)0.99986595
- 1 FDUSD to EUR (Deutsch)0.99986595
- 1 FDUSD to CNY0.99986595
- 1 FDUSD to TWD0.99986595
- 1 FDUSD to EUR (Português)0.99986595
- 1 FDUSD to IDR0.99986595
- 1 FDUSD to THB0.99986595
- 1 FDUSD to PLN0.99986595
- 1 FDUSD to UAH0.99986595
- 1 FDUSD to UZS0.99986595
- 1 FDUSD to SAR0.99986595
- 1 FDUSD to PHP0.99986595
Trade FDUSD perpetual futures
After having successfully signed up on Bitget and purchased USDT or FDUSD tokens, you can start trading derivatives, including FDUSD futures and margin trading to increase your income.
The current price of FDUSD is $0.9999, with a 24h price change of -0.04%. Traders can profit by either going long or short onFDUSD futures.
Join FDUSD copy trading by following elite traders.
First Digital USD news
See moreBlackRock Revises Spot Bitcoin ETF Proposal Ahead of Rumored SEC Approvals
Black Rock's ETF proposal now includes cash redemptions, a concession to the SEC that may improve the fund's approval odds.
Bitcoin Is Coming to Sushi as DeFi Platform Expands to ZetaChain
The move allows users to access the liquidity of bitcoin on decentralized finance (DeFi) without going through intermediaries like wrappers.
Elon Musk’s Twitter Overhaul Could Be Huge for DOGE and Crypto Generally
“Elon clearly has an affinity for DOGE, almost as part of a running joke, but I wouldn’t be surprised if he actually went through with enabling payments via DOGE.”
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First Digital USD Social Data
In the last 24 hours, the social media sentiment score for First Digital USD was 3, and the social media sentiment towards First Digital USD price trend was Bullish. The overall First Digital USD social media score was 0, which ranks 613 among all cryptocurrencies.
According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with First Digital USD being mentioned with a frequency ratio of 0%, ranking 690 among all cryptocurrencies.
In the last 24 hours, there were a total of 198 unique users discussing First Digital USD, with a total of First Digital USD mentions of 31. However, compared to the previous 24-hour period, the number of unique users increase by 2%, and the total number of mentions has increase by 72%.
On Twitter, there were a total of 0 tweets mentioning First Digital USD in the last 24 hours. Among them, 0% are bullish on First Digital USD, 0% are bearish on First Digital USD, and 100% are neutral on First Digital USD.
On Reddit, there were 0 posts mentioning First Digital USD in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 0% . Additionally, there were 0 comments mentioning First Digital USD. Compared to the previous 24-hour period, the number of mentions decrease by 0%.
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