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What is FDUSD ?
First Digital USD (FDUSD) is a digital currency pegged to the US dollar.
What is the market cap of FDUSD ?
$3.10B.
The current market cap of First Digital USD is $3.10B. A high market capitalization implies that the asset is highly valued by the market.
Is First Digital USD safe ?
FDUSD is redeemable for US dollars at a 1:1 ratio, and its reserves are securely held in segregated bank accounts, subject to monitoring and audits conducted by independent third-parties like Prescient Assurance.