First Digital Labs to Launch FDUSD #Stablecoin on L1 Blockchain Network Sui https://t.co/WDlQERX7xy
#FDUSD stablecoin coming to Sui https://t.co/SRSt0mvD2o
UPDATE: FDUSD, the Hong Kong-based stablecoin, expands its reach to the @SuiNetwork, marking a pivotal moment in DeFi integration. More details…↓ #FDUSD #Sui (By: @ComposableD) https://t.co/pL4wNW0Pcu

FDLabsHQ announced the launch of FDUSD, the fastest-growing 1:1 dollar-backed stablecoin, on the Sui blockchain, marking its first expansion since its inception in August 2023. FDUSD, issued by First Digital Trust, has expanded its $3 billion market to Sui, following previous launches on Ethereum and BNB Chain. The stablecoin, adhering to Hong Kong's digital asset regulations and supported by Binance, is now among the top stablecoins by market value, trailing only USDT, USDC, and DAI. This move aims to transform global finance and is seen as a pivotal moment for DeFi integration on the Sui network.
