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FDUSD

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Crypto Basics

What Is FDUSD? First Digital USD Stablecoin Explained

November 11, 2026
What is FDUSD: First Digital USD stablecoin issued by First Digital Labs with reserves held by First Digital Trust in Hong Kong, backed by Treasury bills and cash, on Ethereum, BNB Chain, Sui, Solana, Arbitrum and TON, NutshellCrypto logo

FDUSD is First Digital’s US dollar stablecoin: who issues it, reserves, supply, the April 2025 depeg, fees, risks, where it trades, and US, Canada and AU taxes.

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