Close Menu
Crypto Chain Post
    Trending

    Pay Attention to This Threshold

    June 7, 2025

    Bitgert Partners with KaJ Labs to Accelerate AI and Web3 Innovation

    June 7, 2025

    Tether CEO Makes Support Statement

    June 7, 2025

    Ethereum price eyes breakout as ETHA ETF nears $5b milestone

    June 7, 2025

    Can Bulls Sustain the Recovery Toward $3.40 Resistance?

    June 7, 2025
    Facebook X (Twitter) Instagram TikTok Telegram
    • Privacy Policy
    • Terms of use
    • Advertise
    • Contact
    Saturday, June 7
    Crypto Chain Post
    Price Index Newsletter
    • Home
    • News
      • Bitcoin
      • Ethereum
      • Altcoin
    • Blockchain
    • Markets
    • NFTs
    • DeFi
    • Web3
    • Analysis
    • Metaverse
    • Resources
      • Price Index
      • Crypto Heatmap
      • Glossary
      • Exchange
      • Economic Calendar
    • More
      • GameFi
      • ICO
      • Legal
      • Security
    Crypto Chain Post
    Home » FDUSD now live on Arbitrum to support DeFi growth
    DeFi

    FDUSD now live on Arbitrum to support DeFi growth

    News RoomBy News RoomJune 6, 2025No Comments2 Mins Read

    First Digital Labs has launched FDUSD on Arbitrum, Ethereum’s largest Layer-2 network, marking the stablecoin’s latest expansion and further strengthening its cross-chain presence.

    The launch is designed to offer users access to low-cost, high-speed transactions while positioning First Digital USD (FDUSD) as a core stablecoin for decentralized finance, spanning five blockchains and multiple regional markets..

    Already deployed on Ethereum, BNB Chain, Sui, and Solana, FDUSD’s expansion to Arbitrum represents a strategic step toward addressing Ethereum’s congestion and throughput challenges. This comes at a time of rising institutional demand for stablecoins that are secure, compliant, and integrated across multiple blockchains.

    “Stablecoins will play an increasingly central role in driving global capital market liquidity over the next five years,” said Vincent Chok, CEO of First Digital. “FDUSD’s native integration with Arbitrum eliminates bridging complexities, boosts trade efficiency and strengthens our leadership in the DeFi ecosystem.”

    Ryan De Souza, APAC Partnerships Lead at Offchain Labs, which supports Arbitrum, added that FDUSD’s native deployment “is not only enhancing scalability and reducing costs but also making digital finance more accessible, secure, and aligned with the evolving needs of both institutions and everyday users.”

    You might also like: Hong Kong’s new stablecoin regulations will come into effect in August 2025

    Native integration brings security, scale, and seamless access

    Unlike bridged tokens that often introduce security vulnerabilities, FDUSD’s native deployment on Arbitrum provides a safer and more seamless experience. It also enables greater liquidity within Arbitrum’s DeFi ecosystem and supports everyday applications like remittances and cross-border payments through near-instant settlements.

    Beginning on Friday, users can access FDUSD liquidity through Camelot, one of Arbitrum’s leading DeFi platforms. Institutional clients can also mint FDUSD directly on-chain by opening an account with First Digital, streamlining access to digital dollar liquidity across use cases such as trading, lending, and settlement.

    You might also like: Tether expands presence in Africa with investment in Shiga Digital

    Read the full article here

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related News

    Why Coinbase Brought Dogecoin and XRP to Ethereum Network Base

    June 7, 2025

    Injective Appoints BitGo as Institutional Validator to Boost DeFi Adoption

    June 7, 2025

    Song A Day creator recounts ‘tax nightmare’ after making millions from NFT sale

    June 7, 2025

    PWN Protocol Goes Live on Celo to Offer Fixed-Rate Lending

    June 7, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top News

    Bitgert Partners with KaJ Labs to Accelerate AI and Web3 Innovation

    June 7, 2025

    Tether CEO Makes Support Statement

    June 7, 2025

    Ethereum price eyes breakout as ETHA ETF nears $5b milestone

    June 7, 2025
    Advertisement
    Demo
    Crypto Chain Post
    • Home
    • Privacy Policy
    • Terms of use
    • Advertise
    • Contact
    © 2025 Crypto Chain Post. All Rights Reserved.

    71-75 Shelton Street, Covent Garden, London United Kingdom, WC2H 9JQ

    Type above and press Enter to search. Press Esc to cancel.