# FDUSD stablecoin data

FDUSD on-chain data: 30-day mint, burn and net issuance, issuer freeze and seize acts, and contract freeze functions on BNB Chain.

Canonical: https://achivx.org/stablecoins/fdusd/
Updated: 2026-11-01
As of: 2026-10-31

Data card for FDUSD: on-chain issuance in the 30 days to 31 October 2026, issuer freeze and seize acts, and the freeze function of each contract, measured by the Stablecoin Scanner (ACHIVX).

## Issuer and rules

What issuer documents and public registers say about FDUSD, each row with its source. Register rows give the register's own date or the date we checked it.

| Fact | Value | Source |
|---|---|---|
| Issuer | First Digital Labs. Legal entity: FD121 (BVI) Limited. Quote: "FD121 means FD121 (BVI) Limited, a company limited by shares incorporated in the British Virgin Islands;" | [firstdigitallabs.com](https://www.firstdigitallabs.com/legal/fdd-terms) |
| Type | Category: fiat-backed. First Digital Labs describes FDUSD as a 1:1 USD-backed stablecoin issued by FD121 (BVI) Limited and custodied by FDT. | [firstdigitallabs.com](https://www.firstdigitallabs.com/) |
| Redemption | To redeem FDUSD a holder must first become a First Digital Labs client and pass AML/CTF checks; the FDD terms condition selling 1 FDD for 1 Dollar on holding an FD121 Account. | [firstdigitallabs.com](https://www.firstdigitallabs.com/transparency), [firstdigitallabs.com](https://www.firstdigitallabs.com/legal/fdd-terms) |
| Reserves | As of 30 September 2026. Attester: AOGB CPA Limited (ISAE 3000 (Revised), limited assurance). FD121 (BVI) Limited’s reserve accounts report as of 30 September 2026, with a limited-assurance report by AOGB CPA Limited: total assets held in reserve accounts US$326,311,744.04 against 325,042,596.91 FDUSD issued and in circulation. | [cdn.prod.website-files.com](https://cdn.prod.website-files.com/675ab99bf1f7ea944d49a55b/6ad828758ca468da1c9db6e6_Attestation%20Report%20on%20Reserves%20Account%20Sept.pdf) |
| Freeze | The issuer can freeze addresses. Quote: "FD121 may decide to freeze the associated FDUSD (temporarily or permanently). Also, when FD121 is directed by a competent authority to freeze FDUSD, FD121 will comply with such a request." | [cdn.prod.website-files.com](https://cdn.prod.website-files.com/67343e8ae0825a566f704bb0/689f4ee63e948a1098ef51dd_FDL%20Whitepaper%2015.08.pdf) |
| Regulation: not named by the issuer | First Digital Labs says it is actively working to secure regulatory authorisation for its stablecoin issuance activities from a recognised financial regulatory authority. | [firstdigitallabs.com](https://www.firstdigitallabs.com/transparency) |
| Regulation: Hong Kong (reserve custodian, not the issuer) | The white paper says the reserve custodian First Digital Trust Limited (FDT) is a trust company registered in Hong Kong under the Trustee Ordinance and a TCSP licensed by the Hong Kong Companies Registry (no. TC006771). | [cdn.prod.website-files.com](https://cdn.prod.website-files.com/67343e8ae0825a566f704bb0/689f4ee63e948a1098ef51dd_FDL%20Whitepaper%2015.08.pdf) |
| Regulation: United Arab Emirates (ADGM) | Not found in the ADGM FSRA list of Accepted Fiat-Referenced Tokens dated September 1, 2026 (checked 2026-11-01; searched for "FDUSD", "First Digital", "FD121"). | [assets.adgm.com](https://assets.adgm.com/download/assets/AFRT+List+Feb+2026.pdf/c1b34426b88e11f0912ade26907f67ec) |
| Regulation: European Union | Not found in the ESMA interim MiCA register of e-money token issuers (checked 2026-11-01; searched for "FDUSD", "First Digital", "FD121"). | [esma.europa.eu](https://www.esma.europa.eu/sites/default/files/2024-12/EMTWP.csv) |
| Regulation: Hong Kong | Not found in the HKMA register of licensed stablecoin issuers (checked 2026-11-01; the register lists 2 licensees; searched for "FDUSD", "First Digital", "FD121"). | [hkma.gov.hk](https://www.hkma.gov.hk/eng/regulatory-resources/registers/register-of-licensed-stablecoin-issuers/) |
| Regulation: Japan | Not found among the electronic payment instruments handled by the registered providers in the FSA register as of 27 August 2026 (checked 2026-11-01; searched for "FDUSD", "First Digital", "FD121"). | [fsa.go.jp](https://www.fsa.go.jp/menkyo/menkyoj/denshikessaisyudan.pdf) |

Checked against the sources on 1 November 2026. Not legal advice.

- revain.org: [revain.org/coins/fdusd](https://revain.org/coins/fdusd/)
- Glossary: [Fiat-backed stablecoin](/glossary/fiat-backed-stablecoin/), [Issuer](/glossary/issuer/), [Redemption](/glossary/redemption/), [Reserve / reserve assets](/glossary/reserve-assets/), [Reserve attestation](/glossary/reserve-attestation/), [Freeze (address freeze)](/glossary/freeze/), [Mint](/glossary/mint/), [Burn](/glossary/burn/), [Net issuance](/glossary/net-issuance/)

## Issuance, 30 days

| Network | Minted | Burned | Net issuance | Window | Scanner build | Source |
|---|---|---|---|---|---|---|
| All covered networks | US$0 | US$466,795 | -US$466,795 | 30 days to 31 October 2026 | 1 November 2026 | [stablescan.achivx.com/bnb-chain/stablecoin/fdusd](https://stablescan.achivx.com/bnb-chain/stablecoin/fdusd) |
| BNB Chain | US$0 | US$466,795 | -US$466,795 | 30 days to 31 October 2026 | 1 November 2026 | [stablescan.achivx.com/bnb-chain/stablecoin/fdusd](https://stablescan.achivx.com/bnb-chain/stablecoin/fdusd) |

Mints and burns the scanner decodes on the networks it covers, not the issuer's total issuance.

## Issuer acts

Acts the issuer carried out on BNB Chain, the networks where the scanner indexes FDUSD issuer acts.

| Measure | Value | Window | Scanner build | Source |
|---|---|---|---|---|
| Freeze acts | 6 | 30 days (2 October 2026 – 31 October 2026) | ledger read on 1 November 2026 | [stablescan.achivx.com/bnb-chain/stablecoin/fdusd](https://stablescan.achivx.com/bnb-chain/stablecoin/fdusd) |
| Unfreeze acts | 0 | 30 days (2 October 2026 – 31 October 2026) | ledger read on 1 November 2026 | [stablescan.achivx.com/bnb-chain/stablecoin/fdusd](https://stablescan.achivx.com/bnb-chain/stablecoin/fdusd) |
| Seize acts | 0 | 30 days (2 October 2026 – 31 October 2026) | ledger read on 1 November 2026 | [stablescan.achivx.com/bnb-chain/stablecoin/fdusd](https://stablescan.achivx.com/bnb-chain/stablecoin/fdusd) |
| Seized | US$0 | 30 days (2 October 2026 – 31 October 2026) | ledger read on 1 November 2026 | [stablescan.achivx.com/bnb-chain/stablecoin/fdusd](https://stablescan.achivx.com/bnb-chain/stablecoin/fdusd) |
| Addresses acted on | 6 | 30 days (2 October 2026 – 31 October 2026) | ledger read on 1 November 2026 | [stablescan.achivx.com/bnb-chain/stablecoin/fdusd](https://stablescan.achivx.com/bnb-chain/stablecoin/fdusd) |

Latest act in the ledger: 30 October 2026.

| Date | Network | Act | Scanner page |
|---|---|---|---|
| 30 October 2026 | BNB Chain | freeze | [stablescan.achivx.com/bnb-chain/freeze/0x75d0f710981ba031186731a5845fa7bc923e35ff91a1fb6f7d067d180360feae](https://stablescan.achivx.com/bnb-chain/freeze/0x75d0f710981ba031186731a5845fa7bc923e35ff91a1fb6f7d067d180360feae) |
| 30 October 2026 | BNB Chain | freeze | [stablescan.achivx.com/bnb-chain/freeze/0x75d0f710981ba031186731a5845fa7bc923e35ff91a1fb6f7d067d180360feae](https://stablescan.achivx.com/bnb-chain/freeze/0x75d0f710981ba031186731a5845fa7bc923e35ff91a1fb6f7d067d180360feae) |
| 30 October 2026 | BNB Chain | freeze | [stablescan.achivx.com/bnb-chain/freeze/0x75d0f710981ba031186731a5845fa7bc923e35ff91a1fb6f7d067d180360feae](https://stablescan.achivx.com/bnb-chain/freeze/0x75d0f710981ba031186731a5845fa7bc923e35ff91a1fb6f7d067d180360feae) |
| 30 October 2026 | BNB Chain | freeze | [stablescan.achivx.com/bnb-chain/freeze/0x75d0f710981ba031186731a5845fa7bc923e35ff91a1fb6f7d067d180360feae](https://stablescan.achivx.com/bnb-chain/freeze/0x75d0f710981ba031186731a5845fa7bc923e35ff91a1fb6f7d067d180360feae) |
| 30 October 2026 | BNB Chain | freeze | [stablescan.achivx.com/bnb-chain/freeze/0x75d0f710981ba031186731a5845fa7bc923e35ff91a1fb6f7d067d180360feae](https://stablescan.achivx.com/bnb-chain/freeze/0x75d0f710981ba031186731a5845fa7bc923e35ff91a1fb6f7d067d180360feae) |

The scanner notes that every act is something the issuer did; it says nothing about who the address belongs to or why.

## Freeze function in the contract

What the FDUSD contract on each network lets the issuer do, from the scanner's token registry (read at build time, no build date).

| Network | Contract | Deployment | Freeze function | Source |
|---|---|---|---|---|
| BNB Chain | `0xc5f0f7b66764f6ec8c8dff7ba683102295e16409` | native | freeze only | [stablescan.achivx.com/bnb-chain/stablecoin/fdusd](https://stablescan.achivx.com/bnb-chain/stablecoin/fdusd) |

## Settlement volume

The scanner publishes no organic settlement figure for FDUSD alone; its per-coin volume is raw, and this site does not print raw volume. Organic figures exist only for all stablecoins on a network together: see [organic settlement by network](/data/organic-settlement/).

## Links

- Stablecoin Scanner (ACHIVX): [stablescan.achivx.com/bnb-chain/stablecoin/fdusd](https://stablescan.achivx.com/bnb-chain/stablecoin/fdusd)
- ACHIVX Academy issuer page: [achivx.com/academy/issuers/first-digital.html](https://achivx.com/academy/issuers/first-digital.html)

## How these figures are made

- **Organic, not raw.** Settlement figures are the scanner's organic figures, with round trips and bot churn removed. Raw settlement volume is not printed, and no field the scanner marks as overflowed is used.
- **Coverage: 7 networks** (Arbitrum, BNB Chain, Base, Ethereum, Optimism, Solana, Tron). Networks, coins and wallets the scanner does not cover have no figures here.
- **Read at build time.** Figures are read from the [Stablecoin Scanner (ACHIVX)](https://stablescan.achivx.com/) when this site is built, not live in your browser. Each row gives its window, the scanner's build date and the scanner page it comes from.
- **Not a reserve or solvency claim.** Exchange and bridge balances are on-chain reads of the wallets the scanner can attribute: a floor of their on-chain stablecoins, not their reserves or liabilities.
- Scanner methodology version: `stablscan-methodology-v0.6.0`.

## revain.org
- https://revain.org/coins/fdusd/

## Sources
- https://achivx.com/academy/issuers/first-digital.html
- https://assets.adgm.com/download/assets/AFRT+List+Feb+2026.pdf/c1b34426b88e11f0912ade26907f67ec
- https://cdn.prod.website-files.com/67343e8ae0825a566f704bb0/689f4ee63e948a1098ef51dd_FDL%20Whitepaper%2015.08.pdf
- https://cdn.prod.website-files.com/675ab99bf1f7ea944d49a55b/6ad828758ca468da1c9db6e6_Attestation%20Report%20on%20Reserves%20Account%20Sept.pdf
- https://stablescan.achivx.com/bnb-chain/freezes
- https://stablescan.achivx.com/bnb-chain/stablecoin/fdusd
- https://www.esma.europa.eu/sites/default/files/2024-12/EMTWP.csv
- https://www.firstdigitallabs.com/
- https://www.firstdigitallabs.com/legal/fdd-terms
- https://www.firstdigitallabs.com/transparency
- https://www.fsa.go.jp/menkyo/menkyoj/denshikessaisyudan.pdf
- https://www.hkma.gov.hk/eng/regulatory-resources/registers/register-of-licensed-stablecoin-issuers/