Converti First Digital USD FDUSD in CoinZoom ZOOM

What is the project about? First Digital USD (FDUSD) aim to revolutionize the digital asset landscape. Our mission is to empower users with a transformative financial instrument that combines the stability of cash reserves with the seamless efficiency of advanced blockchain technology. By offering a fully collateralized digital asset, our stablecoin ensures the utmost security, transparency, and transaction reliability. This strategic fusion of traditional stability and cutting-edge innovation allows users to confidently navigate the digital economy, unlocking a world of possibilities while maintaining the utmost trust in their financial interactions. What makes your project unique? Transferable: FDUSD enables frictionless and streamlined transactions, rendering it a convenient choice for a wide range of applications and scenarios. Redeemable: FDUSD is backed by high-quality reserves- cash and cash equivalents, which enable holders the ability to redeem their FDUSD tokens for their equivalent value in US dollars. Users can trust that FDUSD is always 1:1 backed. Low Fees: One notable benefit of FDUSD is its ability to offer cost-effective transactions with minimal fees. Unlike traditional financial transactions, this cost-efficiency makes FDUSD an attractive and economical choice for users. Operates on Decentralized Networks. FDUSD operates on decentralized networks that are distributed across multiple nodes. In so doing, it enhances transparency, security, and resilience. Bankruptcy Remote FDUSD is designed to be bankruptcy remote, with the reserves held in segregated accounts on a registered trust company, separated from the issuer’s operational accounts. It ensures the stablecoin remains stable and secure. History of your project. Established in 2019, First Digital is Asia’s leading multi-faceted trust partner bridging the gap between the traditional and digital financial worlds.

CoinZoom is a US-based, regulated crypto exchange, launched in 2020. ZOOM is the native utility token powering the CoinZoom ecosystem, which includes low-cost crypto trading, a free ‘peer-to-peer' remittance service, ZoomMe, and a global Visa Crypto debit card. The CoinZoom Visa Crypto debit card is available in 158 countries and enables users to spend either USD or crypto at over 150M merchants globally, earning up to 5% back in ZOOM on each purchase. They also have access to over 1M ATMs worldwide. The platform has an extensive fiat ‘on-ramp’ including Apple and Google Pay, debit and credit cards, ACH and instant cash deposits at multiple retail locations in the US, including all 7-Eleven stores. CoinZoom has customers in 169 countries and saw a 31% increase in daily active users over the last six months, with 87% growth in the Visa Crypto debit card base over the last 12 months. They added 9 new corporate partners integrating CoinZoom crypto services to their offerings in the last year.