What is the project about?

First Digital USD (FDUSD) aim to revolutionize the digital asset landscape. Our mission is to empower users with a transformative financial instrument that combines the stability of cash reserves with the seamless efficiency of advanced blockchain technology. By offering a fully collateralized digital asset, our stablecoin ensures the utmost security, transparency, and transaction reliability. This strategic fusion of traditional stability and cutting-edge innovation allows users to confidently navigate the digital economy, unlocking a world of possibilities while maintaining the utmost trust in their financial interactions.

What makes your project unique?

Transferable: FDUSD enables frictionless and streamlined transactions, rendering it a convenient choice for a wide range of applications and scenarios.

Redeemable: FDUSD is backed by high-quality reserves- cash and cash equivalents, which enable holders the ability to redeem their FDUSD tokens for their equivalent value in US dollars. Users can trust that FDUSD is always 1:1 backed.

Low Fees: One notable benefit of FDUSD is its ability to offer cost-effective transactions with minimal fees. Unlike traditional financial transactions, this cost-efficiency makes FDUSD an attractive and economical choice for users.

Operates on Decentralized Networks.

FDUSD operates on decentralized networks that are distributed across multiple nodes. In so doing, it enhances transparency, security, and resilience.

Bankruptcy Remote

FDUSD is designed to be bankruptcy remote, with the reserves held in segregated accounts on a registered trust company, separated from the issuer’s operational accounts. It ensures the stablecoin remains stable and secure.

History of your project.

Established in 2019, First Digital is Asia’s leading multi-faceted trust partner bridging the gap between the traditional and digital financial worlds.

The best First Digital USD wallet should balance both security and ease of use.

With a First Digital USD wallet, you can not only securely store and manage (token name), but also freely conduct cross-chain transactions, participate in DeFi protocols, and interact with DApps.

First Digital USD wallet provides real-time transaction tracking, open-source and transparent security mechanisms, and a smooth experience on the First Digital USD network, giving you complete control over your crypto assets.

1. Download wallet: Visit the OneKey official website and download the OneKey App for macOS, Windows, iOS, or Android.

2. Create wallet: Open the App, select "Create New Wallet" or "Connect Hardware Wallet".

3. Backup wallet: Safely write down the recovery phrase and store it offline. We never upload or save your recovery phrase.

4. Deposit First Digital USD: Copy the wallet address and transfer First Digital USD from an exchange or another wallet.

All private keys are generated and stored offline on the device, giving you complete control over your assets.

1. Send First Digital USD: Enter the First Digital USD address and amount, then confirm the signature in the App. The transaction will be broadcast to the blockchain immediately after completion.

2. Receive First Digital USD: Click "Receive" to get the wallet address, share it with the sender, and you can view the balance in real-time in the App after receiving the tokens.

3. Manage assets: Track transaction history, access DeFi protocols, or perform cross-chain operations in the First Digital USD wallet, all in one App.