FDUSD is designed to keep its value close to $1 through cash and cash-equivalent reserves. Its Whitepaper highlights 1:1 backing, redemption, blockchain-based transfers, smart contracts and use cases such as payments, DeFi and cross-border transactions. It also discusses reserve, operational, regulatory and counterparty risks. �
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#FDUSD #Stablecoin #Crypto #Blockchain #DeFi #BinanceSquare
CryptoCompare Resources
#FDUSD #Stablecoin #Crypto #Blockchain #DeFi #BinanceSquare