Category: FDUSD supply

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FDUSD Nears $1 Billion Cap — A Rapid 253% Surge in Supply Since August

Recent data indicates that the market capitalization of the newly introduced stablecoin, first digital usd (FDUSD), is approaching the $1 billion threshold. This growth, a 253% increase in supply, has been recorded since August 4, 2023. Currently, the circulation of FDUSD tokens stands at 921 million. FDUSD’s Market Value Climbs Toward $1 Billion in Just…
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GHO and FDUSD Stablecoins See Massive Supply Growth in Recent Debut

In a recent turn of events, the cryptocurrency world has been introduced to two stablecoins anchored to the U.S. dollar — Aave’s gho (GHO) and First Digital’s stablecoin FDUSD. These dollar-tied tokens have rapidly gained momentum, witnessing substantial growth in market capitalization soon after their debut. A Look at Aave’s GHO and First Digital’s FDUSD…
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