FDUSD Now Available on Sui
April 10, 2024
The FDUSD stablecoin issuer, Hong Kong-based First Digital Trust, has announced that FDUSD stablecoin is now available natively on the Sui blockchain. Vincent Chok, CEO of First Digital Trust, highlights the significance of this expansion, citing that it could promote the acceptance of FDUSD among users of decentralized finance (DeFi). Since its launch, the stablecoin has rapidly become the fourth-largest with a market capitalization of $3.3 billion and was previously accessible on two chains, Ethereum and BNB Chain.
