First digital usd (FDUSD)

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Revision as of 02:20, 22 January 2024 by Grand Master Pepe (talk | contribs)
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Stablecoin pegged to USD on ETH and BNB

Basics

  • Based in:
  • Started in / Announced on:
  • Testnet release:
  • Mainnet release:

History

Audits & Exploits

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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