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FDUSDFirst Digital USD

Stablecoin57CautionGet alerts

Hong Kong-issued dollar token with reserves held in regulated custodians. Liquidity is heavily concentrated on a small number of venues.

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Email me when FDUSD crosses 0.5% from $1.00 or its safety score changes.

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Price
$0.9973
−0.274% from peg
Market cap
$350.96M
+0.05%
Liquidity
$5.32M
Tracked on-chain depth
Best yield (vetted)
None
Chains
6
Deployments tracked

Where to get FDUSD

Every venue that sells First Digital USD, ranked by what a purchase actually costs once fees, spread and the withdrawal to your chain are counted.

Cheapest route: Binance — you receive about $998 of FDUSD from $1,000 (0.18% all-in, delivered on BNB Chain).

FDUSD purchase options ranked by all-in cost
VenueTypeFeeSpreadWithdrawalAll-in costYou receiveVerifiedGo
Exchange0.10%0.05%$0
BNB Chain
$2
0.18%
$9982026-08-10
Buy on Binance
On-ramp0.99%0.90%direct to wallet$19
1.89%
$9812026-08-11
Buy on Transak
On-ramp1.00% + $41.00%direct to wallet$24
2.40%
$9762026-08-11
Buy on MoonPay
On-ramp1.50%1.20%direct to wallet$27
2.70%
$9732026-07-28
Buy on Banxa

Estimates built from published fee schedules — the final price is shown at venue checkout. Partner links never change this ranking.

Full FDUSD buying guide →Every route compared, with the fee traps spelled out.

Put it to work

No yield on FDUSD currently clears our vetting bar ($100M+ TVL, 1yr+ track record). Rates below that bar exist — see the yield hub for the unvetted list and why we separate them.

Alternatives worth knowing

  • Safer sibling
    PYUSD +36 safety score

    +8.2pp yield versus FDUSD, and less depth on some chains.

  • Earning sibling
    USDE 44.7% APY built in

    Safety score 74 vs 57 — the yield is compensation for that gap.

Spend it

  • Binance Card

    Up to 8% with the largest BNB holdings; ~1% at the base level

    Visit Binance Card
Compare every card

Supply history

Not enough history yet

Safety score: 57/100 — Caution

  • Collateral quality & transparency (30%)85

    What actually backs the token and how often it is verified. Treasury-backed with daily or on-chain proof scores highest; unattested reserves score lowest.

  • Peg stability (25%)48

    Live deviation from $1.00 plus the worst historical depeg on record. A single deep depeg keeps weighing on the score.

  • Liquidity depth (20%)29

    Tracked on-chain pool liquidity in absolute dollars and as a share of circulating supply — how much can exit before the price moves.

  • Issuer & legal structure (15%)54

    Regulatory status of the issuer and whether holders have a direct redemption right or only a secondary market exit.

  • Track record (10%)59

    Years in production, minus documented incidents.

Full methodology →

Issuer & structure

Regulatory regime
No prudential regimesource
Issuer
First Digital
Jurisdiction
Hong Kong
Collateral
fiat-reserves
Peg mechanism
fiat-backed
Attestation
monthly
Redemption
gated
Issuer can freeze balances
Yes — issuer can freeze balances
Attestor
Prescient Assurance
Launched
2023
Website

Contracts

Always verify the contract — fake versions of every major dollar token exist.

Ethereum logoEthereum
0xc5f0f7b6…E16409Native issuance
BNB Chain logoBNB Chain
0xc5f0f7b6…E16409Native issuance

Got an address from someone? Check it against the registry.

Supply by chain

Incident history

  • 2025-04Solvency allegations−8.7%

FDUSD in the news

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