Category: First Digital Trust

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TUSD’s Supply Halves as It Drops to 8th Rank Among Stablecoins

March 24, 2024

Over the past week, the stablecoin trueusd (TUSD) experienced a notable decrease in its supply. As of March 19, 2024, the circulation was approximately 1.1 billion TUSD, which then plummeted to just 612 million. Supply Slash Sees TUSD Fall From Top 5 Stablecoin Rankings to 8th Position Previously ranked among the top five dollar-pegged cryptocurrencies…
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First Digital Trust announces $2.15M funding for Asian digital payments service

April 22, 2021

The funding will be used to develop debit and credit card payment rails in Asia. Digital asset custodian First Digital Trust has secured funding to bring crypto asset payment services and upgrades to the Asia Pacific region. The Hong Kong-headquartered company has raised $2.15 million in a convertible note funding round led by private investors…
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