First Digital Trust


Finance

Hong Kong-Based First Digital's $3B Stablecoin Arrives to Sui Network in DeFi Push

FDUSD has quickly become the fourth-largest stablecoin since its launch last year under Hong Kong's digital asset regulations, benefitting from crypto exchange giant Binance's trading promotion.

Hong Kong (Unsplash)

Marchés

Stablecoin Market Cap Hits $140B, Highest Since 2022 Amid USDC Resurgence, Tether Growth

Stablecoin supply is a "thermometer" for money flows entering the crypto market, one analyst noted.

Stablecoin market capitalization (K33 Research)

Marchés

TUSD Loses $1 Peg Amid Binance's FDUSD Focus: Analyst

Binance introduced zero-fee FDUSD trading in December, giving users an incentive to sell.

Funding (Gerd Altmann/Pixabay)

Marchés

Binance Boosts First Digital's Stablecoin With Zero Fees to Buy and Sell Bitcoin, Ether

The crypto exchange listed the Hong Kong-regulated First Digital's FDUSD stablecoin last week.

(Nikhilesh De/CoinDesk)

Finance

BnkToTheFuture Steps Away From Banks Citing Mounting Risk to Clients' Assets

The online investment platform is moving clients' crypto and fiat assets to a Hong Kong-based trust company.

Hong Kong (fanjianhua/Shutterstock)

Finance

Legacy Trust's Crypto Spin-Off Receives $3M to Roll Out Asian Settlement Platform

First Digital Trust has won backing from Taiwan-based Nogle for its upcoming Asia-focused crypto settlement solution for institutions.

TR Lab is based in Hong Kong.

Finance

New Settlement Layer to Offer Asian Crypto Institutions Local Alternative to Silvergate Bank

The new settlement layer is intended save Asian institutional traders from taking the "scenic route" via U.S. banking regulations.

Hong Kong ships

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