Ethereum

USDC

First Digital USD

<div class="coinjournal">
 <ul>
 <li>Sui has integrated First Digital USD (FDUSD) stablecoin, joining Ethereum and BNB Chain as only networks currently with native FDUSD support.</li>
 <li>FDUSD’s expansion to Sui targets the growing decentralised finance (DeFi) ecosystem on Sui.</li>
 <li>FDUSD is the fourth-largest stablecoin by market cap with $3.3 billion – behind DAI, USDC and USDT.</li>
 </ul>
 First Digital Trust, the Hong Kong-based issuer of the US-dollar pegged stablecoin FDUSD, has announced a strategic alliance with Layer-1 blockchain Sui.
 In an update on Wednesday, First Digital said its expansion to Sui marks the first time the <a rel="noopener noreferrer nofollow" title="stablecoin" href="https://thebittimes.com/tag/stablecoin.html">stablecoin</a> will be available on a new block<a rel="noopener noreferrer nofollow" title="chain" href="https://thebittimes.com/tag/chain.html">chain</a> since its launch.
 <h2 id="span-style-font-weight-400-fdusd-now-available-on-sui-ethereum-and-bnb-chain-span">FDUSD now available on Sui, Ethereum and BNB Chain</h2>
 FDUSD, currently a $3.3 billion <a rel="noopener noreferrer nofollow" title="stablecoin" href="https://thebittimes.com/tag/stablecoin.html">stablecoin</a>, initially launched on Ethereum&nbsp; and BNB Chain in August 2023. Sui is the third block<a rel="noopener noreferrer nofollow" title="chain" href="https://thebittimes.com/tag/chain.html">chain</a> to have native FDUSD support.&nbsp;
 “The partnership between First Digital and Sui is a strategic alliance aimed at enhancing liquidity and efficiency of transactions, continuing to bridge traditional finance to the ever-expanding digital economy,” First Digital Labs pointed out via X.
 According to First Digital, the expansion is aimed at bolstering the <a rel="noopener noreferrer nofollow" title="stablecoin" href="https://thebittimes.com/tag/stablecoin.html">stablecoin</a>’s use in the burgeoning decentralised finance (DeFi) ecosystem on Sui.
 First Digital USD is the fourth-largest stablecoin by market cap. It’s currently behind MakerDAO’s Dai (DAI), Circle’s USDC (USDC) and top stablecoin by market cap Tether (USDT).
 Sui, on the other hand, has a market cap of just over $2 billion. The blockchain has seen notable growth amid sentiment around its Sui Basecamp, the L1 blockchain’s first global conference. 
 SUI token reached highs of $2.17 on March 27. Recent declines see it currently poised at $1.55.
</div>
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/first-digital-expands-fdusd-stablecoin-to-sui-blockchain-tbt84987.html">https://thebittimes.com/first-digital-expands-fdusd-stablecoin-to-sui-blockchain-tbt84987.html</a>

First Digital expands FDUSD stablecoin to Sui blockchain

目次

TheBitTimes

2024年4月10日公開の他の記事

KIN Price Prediction: KIN Witnesses Consolidation, What’s Next?

Here’s how to turn $1k to $1 million during this crypto cycle

Taiwan’s Ace Exchange founder indicted in $10.6M fraud case

BREAKING: Highly Critical Inflation Data in the US Released – Here is Bitcoin and the Market’s Re...

Pi Network to Launch its Mainnet in June 2024

After Higher Than Expected Inflation Data, US President Joe Biden Talks About The Time For A Rate...

ニュースレターを購読して暗号資産の最新情報を毎日入手！