First Digital USD (FDUSD) stablecoin analytics
FDUSD is a BVI-issued dollar stablecoin from First Digital Labs, redeemable 1:1 and backed by U.S. Treasury bills, cash, and bank deposits.
Static Profile
Static stablecoin profile
First Digital USD (FDUSD) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
AI summary / Updated May 15, 2026
FDUSD is a BVI-issued dollar stablecoin backed by T-bills and bank deposits with IAPA attestations — clean reserves, but the same custodian lineage as troubled TUSD. First Digital USD rose to prominence as Binance's preferred stablecoin after BUSD's regulatory demise, and its...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- Collateral
- Cash, U.S. Treasury bills, bank deposits, and overnight reverse repos held in fully segregated custodial accounts
- Peg Mechanism
- Direct 1:1 redemption through FD121 (BVI) Limited; reserves custodied by First Digital Trust Limited
- Jurisdiction
- British Virgin Islands
- Proof Of Reserves
- Independent Audit by AOGB CPA Limited Reserve source
Snippet Answer
Is FDUSD safe?
Pharos does not mark FDUSD as absolutely safe. Static metadata says First Digital USD uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from AOGB CPA Limited; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Next Actions
Exact bot target: /subscribe dews,depeg,safety fdusd-first-digital
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated May 15, 2026.
FDUSD quick answers
What is First Digital USD (FDUSD)?
FDUSD is a BVI-issued dollar stablecoin from First Digital Labs, redeemable 1:1 and backed by U.S. Treasury bills, cash, and bank deposits. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through FD121 (BVI) Limited; reserves custodied by First Digital Trust Limited
What backs FDUSD?
Pharos classifies FDUSD backing as Real-World Asset Backed. Collateral, per the static profile: Cash, U.S. Treasury bills, bank deposits, and overnight reverse repos held in fully segregated custodial accounts Reserve evidence: Independent Audit from AOGB CPA Limited.
Can FDUSD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for FDUSD, when applicable, appear in the dossier below.