Independent Auditors Confirm 1:1 Backing for First Digital’s FDUSD

Hong Kong-based crypto custodian First Digital Labs shared its latest report showing its FDUSD stablecoin remains fully supported by cash or similar holdings. The report, for the period ending March 31, 2025, repeated a 1-to-1 exchange promise with the U.S. dollar.  Related: FDUSD Defies FUD with $170M Inflow Against Trend of Major Crypto Outflows First […] The post Independent Auditors Confirm 1:1 Backing for First Digital’s FDUSD appeared first on Coin Edition.