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FDUSDStablecoin·First Digital ↗·LiveAs of Oct 10, 2026···

First Digital USD

US dollar stablecoin issued by First Digital, a Hong Kong-headquartered group with a BVI issuing entity.

Stablecoin Quality Rating
58.3/ 100
Developing+11.700000000000003 to Institutional-grade (≥70)-3.2 pts / 30dData gap: Disclosure Quality · Redemption Liquidity · Structural Trust
OCB — 01·Rating breakdown
Methodology v1.6 · Oct 10, 2026

FDUSD across four dimensions

Reserve18 / 25
Redemption15 / 25
Transparency16.3 / 25
ConcentrationLIMITING9 / 25
Gap to Institutional-grade (≥70)+11.700000000000003

Signal readings

Top-10 holder pct
Withheld

Custody & backing fields are descriptive — published, not scored

OCB — 02·Outstanding supply
$281.32M

FDUSD supply over time

FDUSD · First Digital

Outstanding supply (USD)

FDUSD outstanding supply is $281.32M as of Oct 10, 2026. -1.7% over the prior 30 days.
ONCHAIN
BENCHMARK
Source: OCB Quality Ratings · FDUSD · onchainbenchmark.comUpdated daily
OCB — 03·Rating history
23 readings

FDUSD quality rating since coverage began

FDUSD · Stablecoin Quality Rating

Composite rating (0–100)

FDUSD rating is 58.3 as of Oct 10, 2026. -3.2 points over the prior 30 days.
ONCHAIN
BENCHMARK
Source: OCB Quality Ratings · FDUSD · onchainbenchmark.comUpdated daily
OCB — 04·Deployments

How this instrument's supply is distributed across chains

ChainShare of measured supply
ETHEthereum
76.3%
0xc5f0f7…E16409Explorer ↗
BNBBNB Chain
20.6%
0xc5f0f7…E16409Explorer ↗
SOLSolana
3.0%
9zNQRsGL…SZh54uExplorer ↗
OCB — 05·Coverage gaps + diligence

Where coverage is incomplete — and what could narrow it

Methodology

FDUSD is scored across the same four dimensions as every other rated instrument in its class — Reserve Quality, Redemption Depth, Holder Concentration, and Transparency. Each dimension contributes up to 25 points. The dimension breakdown above shows where the score comes from; the diligence trail shows every verified fact behind it.

Read the full methodology ↗
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