First digital usd (FDUSD)
Stablecoin pegged to USD on ETH and BNB
Basics
History
Audits & Exploits
- Bug bounty program can be found [insert here].
Bugs/Exploits
Coin Distribution
The supply stands at 2.614 billion FDUSD after witnessing a 45.7% supply increase in 30 days (22-1-2024). Currently, 452 individual holders possess the ERC20 variant of FDUSD, the dollar-pegged token on Ethereum. The BNB version of FDUSD is held by 3,545 distinct wallets. Binance holds the top three wallets for BNB-based FDUSD, commanding a significant 82.1% of the 49.38 million FDUSD minted on BNB. The top 100 holders collectively possess 99.01% of these specific BNB-minted coins. Both FDUSD tokens on each chain have seen very little onchain action, but FDUSD holds the sixth largest trading volume on Sunday, which means most of FDUSD’s action takes place off-chain and via order books.
Technology
- Whitepaper or docs can be found [insert here].
- Code can be viewed [insert here]
Pros and Cons
Pros
Cons
Team, Funding and Partners
Team
- Full team can be found [here].
Funding
Partners
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