First Digital

Enhancing accessibility and eliminating friction, FDUSD-SPL liquidity can now be accessed via Binance, with gas-free deposits and withdrawals enabled 🔥 Say hello to smoother and more cost-effective transactional flows with FDUSD on Solana Foundation mainnet. 🔗https://lnkd.in/gRjqW8nA

First Digital's FDUSD stablecoin is now live on Solana 🪙 FDUSD by First Digital Labs is now issued as an SPL token on the Solana blockchain — bringing the $1.7B stablecoin to Solana’s thriving DeFi ecosystem following issuance on Ethereum, BSC, and Sui. FDUSD will leverage Solana’s high throughput and low costs, joining a growing family of stablecoins issued on the network. This includes Circle’s USDC, Tether’s USDT, and PayPal’s PYUSD, just to name a few. FDUSD provides developers and users on Solana with another powerful option for real-world payment and DeFi applications, joining the DeFi ecosystem which settled $574B in value in 2024 according to Allium. FDUSD will be integrated with Raydium, Meteora, and Kamino Finance on day 1, and users can get started today. Institutions can onramp FDUSD to Solana via FD121.

BREAKING: #FDUSD is now live on Solana Foundation mainnet! 🚀 FDUSD is now natively integrated into the Solana blockchain, unlocking lightning-speed transactions and cost-effective fees to enrich and enhance the FDUSD ecosystem. Institutions can mint FDUSD directly via First Digital, while individual users can access FDUSD seamlessly via Phantom wallet and on liquidity protocols on Kamino Finance, Raydium Protocol and Meteora. Soon - FDUSD-SPL will be available on major centralised exchanges, expanding access to retail and institutional users worldwide. With Solana joining the FDUSD ecosystem, we’re now natively available on four blockchain networks. Watch this space as we continue to expand our cross-chain compatibility.

#FDUSD is accessible on leading global exchanges, unlocking diverse trading opportunities across BNB Chain Innovation, Ethereum and Sui Foundation. ✅ 1 FDUSD = 1 USD, always redeemable 1:1 for cash ✅ Backed by quality assets held in a bankruptcy-remote trust structure ✅ Monthly attestation reports published regularly Learn more about FDUSD: https://lnkd.in/gdV-HPCX

𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗘𝗧𝗙 𝗔𝗻𝗻𝗶𝘃𝗲𝗿𝘀𝗮𝗿𝘆: 𝗢𝗻𝗲 𝗬𝗲𝗮𝗿 𝗟𝗮𝘁𝗲𝗿 - 𝗧𝗵𝗲 𝗖𝗮𝘀𝗲 𝗳𝗼𝗿 𝗦𝘁𝗮𝗯𝗹𝗲𝗰𝗼𝗶𝗻𝘀💡 A year ago today, Bitcoin ETFs were approved - marking a monumental milestone for the cryptocurrency ecosystem. Since then, optimism soared and Bitcoin adoption has expanded with investors increasingly viewing the asset as a golden opportunity for storing value. In 2024, Bitcoin ETFs reached $44.2 billion in total inflows and the momentum is expected to increase this year. 🔎 𝗪𝗵𝗮𝘁 𝗗𝗼𝗲𝘀 𝗧𝗵𝗶𝘀 𝗠𝗲𝗮𝗻 𝗙𝗼𝗿 𝗦𝘁𝗮𝗯𝗹𝗲𝗰𝗼𝗶𝗻𝘀? ✅ As Bitcoin ETFs’ momentum increases, price swings will intensify and the demand for a stable asset like #FDUSD will increase as institutions seek liquidity boosters and settlement simplicity. ✅ The discussion around Bitcoin’s role as a Strategic Reserve will intensify, and stablecoins will be the stable value to bridge the volatility gap. ✅ Additional Bitcoin ETFs could mean higher institutional inflows - as inflows increase, stablecoins will be critical to facilitate liquidity, enable faster and secure settlement while reducing exposure risk. As Bitcoin pushes boundaries in the investment space, stablecoins like FDUSD will play a unique role in the broader digital asset economy. With stability and reliability, FDUSD is positioned as a core player as Bitcoin ETFs and other potential ETFs in the future.

💡𝗦𝘁𝗮𝗯𝗹𝗲𝗰𝗼𝗶𝗻𝘀 𝗪𝗶𝗹𝗹 𝗣𝗼𝘄𝗲𝗿 𝗣𝗮𝘆𝗺𝗲𝗻𝘁𝘀, 𝗘𝗰𝗹𝗶𝗽𝘀𝗶𝗻𝗴 𝗣𝗮𝘆𝗺𝗲𝗻𝘁 𝗡𝗲𝘁𝘄𝗼𝗿𝗸𝘀   As the issuer of FDUSD, Asia’s largest stablecoin, First Digital is at the forefront of redefining payments with digital dollars. Recent discussions surrounding the potential impact of stablecoins on payment networks have highlighted a pivotal realization in finance: 𝘚𝘵𝘢𝘣𝘭𝘦𝘤𝘰𝘪𝘯𝘴 𝘢𝘳𝘦 𝘵𝘩𝘦 𝘮𝘰𝘴𝘵 𝘪𝘮𝘱𝘰𝘳𝘵𝘢𝘯𝘵 𝘥𝘪𝘨𝘪𝘵𝘢𝘭 𝘱𝘢𝘺𝘮𝘦𝘯𝘵 𝘪𝘯𝘯𝘰𝘷𝘢𝘵𝘪𝘰𝘯.   Looking ahead to 2025, payment networks are still not matching the speed of the Internet. Slow transfers, fees up to 3%, and outdated legacy systems continue to limit merchants’ access to efficient, low-fee, borderless and instant payments.   ⭐ 𝗘𝗻𝘁𝗲𝗿 𝗦𝘁𝗮𝗯𝗹𝗲𝗰𝗼𝗶𝗻 𝗣𝗮𝘆𝗺𝗲𝗻𝘁𝘀: ✅ Near-instant ✅ Cost-effective ✅ 365, 24/7   🔎 𝗪𝗵𝘆 𝗦𝘁𝗮𝗯𝗹𝗲𝗰𝗼𝗶𝗻𝘀 𝗠𝗮𝘁𝘁𝗲𝗿: ✅ Stability: Stablecoins reduce the volatility associated with other cryptocurrencies, providing an optimal medium of exchange. ✅ Transparency: Stablecoins maintain the integrity of being on a blockchain, upholding transparency and reducing the risk of monopolistic practices. ✅ Efficiency: Stablecoins will be the new bank, bypassing pricing power and making transactions efficient and seamless.   With a growing $200 billion market cap and $5.7 trillion in transaction volume, stablecoins are set to transform banking digitally - offering faster, more accessible and secure payments worldwide.

Welcome to 2025's first edition of 𝗧𝗵𝗲 𝗙𝗹𝗼𝘄: 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗳𝗿𝗼𝗺 𝗙𝗶𝗿𝘀𝘁 𝗗𝗶𝗴𝗶𝘁𝗮𝗹! In today's release, we're spotlighting FDUSD's role at Consensus HK 2025, our growing influence in the DeFi economy as well as latest developments shaping the digital asset landscape. Let's dive in ⬇️

𝗦𝘁𝗮𝗯𝗹𝗲𝗰𝗼𝗶𝗻𝘀 𝗣𝗼𝘄𝗲𝗿𝗶𝗻𝗴 𝗔𝗜-𝗗𝗿𝗶𝘃𝗲𝗻 𝗣𝗮𝘆𝗺𝗲𝗻𝘁𝘀 🤖 As we enter the era of AI-powered interactions, one thing is clear: 𝘢𝘶𝘵𝘰𝘯𝘰𝘮𝘰𝘶𝘴 𝘵𝘳𝘢𝘯𝘴𝘢𝘤𝘵𝘪𝘰𝘯𝘴 𝘸𝘪𝘭𝘭 𝘳𝘦𝘥𝘦𝘧𝘪𝘯𝘦 𝘩𝘰𝘸 𝘷𝘢𝘭𝘶𝘦 𝘪𝘴 𝘦𝘹𝘤𝘩𝘢𝘯𝘨𝘦𝘥 𝘨𝘭𝘰𝘣𝘢𝘭𝘭𝘺. With a market cap of over $200 billion, stablecoins are becoming the foundation for internet-native money - enabling frictionless, near-instant payments. 💡𝗪𝗵𝘆 𝗦𝘁𝗮𝗯𝗹𝗲𝗰𝗼𝗶𝗻𝘀? ✅ Programmable: Automating real-time payments via smart contracts without human intervention. ✅ Instant & Borderless: Seamless, global transactions - no delays, no intermediaries. ✅ Trust & Transparency: Blockchain-powered, ensuring secure and reliable transactions. In a world where AI agents facilitate autonomous payments, stablecoins will be the default medium of exchange and #FDUSD is uniquely positioned to power this new economy. The future is AI-driven and stablecoins are at its core.

#FDUSD upholds the highest regulatory standards - fully backed by high-quality assets that are always redeemable on a one-to-one basis for cash. Our reserves undergo regular attestation by a reputable third-party auditor, ensuring appropriate reserves fully back every token. Read our November monthly reserve report ⬇️ https://lnkd.in/gk8z8Y7R

Welcome to 2024's final edition of The Flow: Insights from First Digital. In this Special Edition, we’re looking back at 2024, celebrating the remarkable milestones of First Digital and FDUSD. From advancing cross-chain integration to forging impactful alliances, we've laid the foundation for greater achievements in 2025. Read the full recap in our latest newsletter - let's dive in ⬇️