# First Digital Labs

> Empowering financial fluidity with the power of stablecoins

First Digital Labs issues USD-backed stablecoins for global payments and cross-border transactions through regulated infrastructure.

First Digital Labs helps businesses and institutions access digital dollars through regulated stablecoin infrastructure. Users can mint, redeem, and transfer FDUSD across multiple blockchains, access cross-border payments, and manage treasury operations with full USD backing. 

- Type: Company
- Sector: Finance
- Status: Active
- Founded: 2023-05-01
- Profile: https://thegrid.id/profiles/firstdigitallabs

## Products

- [FDUSD Platform](https://thegrid.id/profiles/firstdigitallabs): FDUSD Platform is a multichain stablecoin issuance system that creates USD-backed digital currency across multiple blockchains. The platform maintains 1:1 USD backing through regulated custodians and provides institutional minting and redemption services with zero fees for qualified participants. (Stablecoin Issuer, Live, Main Product)

## Assets

- [First Digital USD (FDUSD)](https://thegrid.id/profiles/firstdigitallabs): FDUSD is a USD-pegged stablecoin issued by First Digital Labs. It is used for cross-border payments, remittances, and as collateral in DeFi applications across multiple blockchains. Reserve assets are held in fully segregated accounts by First Digital Trust Limited, a trust company registered under Hong Kong law, with monthly independent attestation reports verifying full backing by cash and cash equivalents. (Stablecoin)

## Links

- [Main](https://firstdigitallabs.com)
- [Blog](https://firstdigitallabs.com/news-and-insights)
- [Twitter / X](https://x.com/FDLabsHQ)
- [LinkedIn](https://www.linkedin.com/company/first-digital-trust)

## Legal

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The following applies to both licensing models.
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- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP