$0.9989
+$0.0004(+0.05%)
Market Cap
$1.45B
24h High
$0.9991
24h Low
$0.9983
24h Turnover
$7.37M
Total Supply
1.45B
Market Sentiment
Neutral
First Digital USD (FDUSD) Price Performance
First Digital USD (FDUSD) is priced at $0.9989 today, with a market dominance of 0.027%. Its price has changed by +0.05% over the past 24 hours, +0.07% over the past 7 days, -0.04% over the past 30 days, and +0.13% over the past year.
About First Digital USD (FDUSD)
FDUSD can improve the efficiency of financial transactions by reducing transaction costs and improving the speed and accuracy of these transactions in a secure manner. FDUSD can also facilitate cross-border transactions and reduce the fees and processing times associated with traditional methods.The stability of a fiat-backed stablecoin is preserved through the maintenance of a 1:1 peg with the corresponding fiat currency. This is achieved by meticulously ensuring that the value of the reserve assets held matches or exceeds the total quantity of outstanding stablecoins. In essence, the reserves serve as a guarantee for the issuer's commitment to redeem the stablecoin at its nominal value. It is important to note that FDUSD operates under rigorous custodial arrangements.
FAQ
What is FDUSD?
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How is FDUSD's value supported?
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How can I learn about FDUSD's reserves?
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Can FDUSD be redeemed for US dollars?
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What are common uses of FDUSD?
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What should I consider when using FDUSD?
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Risk Disclosure
Cryptocurrencies are high-risk assets and are subject to significant price volatility. The value of digital assets may fluctuate sharply within a short period of time, and you may lose part or all of your investment principal. Past performance does not guarantee future results.
Before engaging in any transaction, you should carefully assess your financial situation, investment experience, investment objectives, and risk tolerance, and ensure that you fully understand the characteristics and risks associated with cryptocurrencies. If necessary, you are advised to consult an independent professional advisor with the appropriate qualifications.
Disclaimer
This content does not constitute financial product advice, and is not a recommendation, offer or solicitation to buy, sell or hold any digital asset. It is general information only and has been prepared without taking into account your objectives, financial situation or needs. Digital assets are highly volatile and you may lose the entire value of your investment. You should consider your own circumstances and obtain independent financial, legal and tax advice before making any decision. For more information, please read the Risk Disclosure Statement: https://www.gate.com/en-au/legal/risk-disclosure
Digital asset services in Australia are provided by Gate Information Pty Ltd (ABN 60 659 401 617.), trading as Gate Australia, which is registered with AUSTRAC as a Virtual Asset Service Provider.