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FDUSD now live on Arbitrum to support DeFi growth

First Digital Labs has launched FDUSD on Arbitrum, Ethereum’s largest Layer-2 network, marking the stablecoin’s latest expansion and further strengthening its cross-chain presence. The launch is designed to offer users access to low-cost, high-speed transactions while positioning First Digital USD (FDUSD) as a core stablecoin for decentralized finance, spanning five blockchains and multiple regional markets.. … Read more

Binance confirms FDUSD reserves are accurate after depegging

Binance has reaffirmed the accuracy of FDUSD’s reserve attestation for February, following concerns sparked by a brief de-pegging event. In an Apr. 3 update on the company’s blog, Binance stated it had reviewed  First Digital USD’s (FDUSD) reserve data twice, once after the February attestation report was released and again recently to ensure accuracy. As … Read more

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