$FDUSD (First Digital USD) is a fiat-backed stablecoin designed to maintain a 1:1 peg with the U.S. dollar — meaning each FDUSD token aims to always equal one USD in value. It was launched in June 2023 by First Digital Labs / FD121 Limited, a Hong Kong–based financial tech firm, to provide a stable digital dollar for global payments, trading, and decentralized finance (DeFi).USD-pegged stablecoin: Maintains price stability (~$1).

• Regulated & audited reserves: Transparent backing with audits.

• Multi-chain support: Operates across major blockchain networks.

• Use cases: Trading, remittances, DeFi, cross-border payments.

#RiskAssetsMarketShock #MarketCorrection #WhenWillBTCRebound #Binance #ADPWatch