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Hong Kong-based First Digital introduces USD stablecoin

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Hong Kong-based First Digital introduces USD stablecoin


Hong Kong-based qualified custodian and trust company First Digital is introducing a new stablecoin that will be pegged to the U.S. dollar but regulated in Asia. Dubbed "First Digital USD," or FDUSD, the coin is intended to be backed on a one-to-one basis by one U.S. dollar or asset of equivalent…

#hongkong #firstdigital #fdusd #digitallabs #firstdigitallabs #coinbase #brianarmstrong

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