USD-pegged · fiat-backed · #28 by USD value
First Digital USD (FDUSD) is a USD-pegged fiat-backed stablecoin, backed by cash & t-bills (first digital). It currently ranks #28 among tracked stablecoins by circulating supply, and is deployed across 6 blockchains. Data is updated daily at 00:00 UTC from DefiLlama.
| Chain | Share | Supply |
|---|---|---|
| Ethereum | 68.9% | $238.7M |
| BSC | 16.0% | $55.5M |
| Sui | 12.6% | $43.5M |
| Solana | 2.5% | $8.5M |
| Arbitrum | 0.0% | $44,619 |
| TON | 0.0% | $1,085 |
First Digital USD (FDUSD) is a USD-pegged stablecoin backed by cash & t-bills (first digital). Its peg mechanism is fiat-backed, and it currently ranks #28 among tracked stablecoins by circulating supply.
FDUSD has a circulating supply of $346.2M (USD equivalent). Data updates daily at 00:00 UTC from DefiLlama.
FDUSD is backed by Cash & T-bills (First Digital). This means holders' claims are collateralized in that form, with reserves reported by the issuer.
FDUSD is deployed across 6 blockchains, with Ethereum holding the largest share of supply. See the Chain Distribution section on this page for the full breakdown.
FDUSD shares a USD peg with USDT and USDC — the market's two largest stablecoins — but differs in issuer, backing composition, and typical use cases. USDT and USDC together account for the majority of USD stablecoin supply; FDUSD ranks #28.
| Full Name | First Digital USD |
| Symbol | FDUSD |
| Peg | USD |
| Peg Mechanism | fiat-backed |
| Backing | Cash & T-bills (First Digital) |
| Chains Deployed | 6 |
| CoinGecko | View on CoinGecko → |
| Data Source | DefiLlama → |
| Last Updated | 2026-07-27 · refreshes daily 00:00 UTC |