fxUSD is a 1:1 USD-backed Stablecoin

Disrupting the digital web3 economy with an innovative digital stablecoin, providing web3 businesses and developers with compliance, security, and innovation globally.

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Compliance & security with fxUSD

Shape the future of the digital economy with our innovative, compliant and trusted solution.

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Redeemable 1:1 for U.S. dollars

fxUSD is intended to be fully backed by cash and cash equivalent assets. Tokens are intended to be redeemable 1:1 for U.S. dollars.

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Backed by fully reserved assets

Reserved assets are held in compliant and regulated corporate holding structures.

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Fully Programmable

With our innovation backed by compliant and secured technology infrastructure, fxUSD stablecoin aims to provide a reliable solution that scales with growth.

Which Networks Are Supported?

fxUSD is available on Binance Chain, opBNB, zkSync and more upcoming blockchain networks in the future.

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Frequently Asked Questions

Where can I get fxUSD?

fxUSD can be acquired by a few methods. If you are a key industry player, a financial intermediary, or a professional investor of a certain stature and meet the requisite criteria, you can directly purchase fxUSD from First Exchange Labs. First Exchange Labs does not sell tokens directly to retail customers. It is essential for any users to conduct research and due diligence before making such a decision.

How can I trust that fxUSD will always be equivalent to a dollar?

Each fxUSD is fully backed by one US dollar or an asset of equivalent fair value. These assets are safely held by a qualified custodian with regulated depository institutions, providing a compliant, secured and trusted backing. This approach is what provides fxUSD with its stability and its equivalent value to the US dollar.

How can I redeem fxUSD?

To redeem your fxUSD stablecoin, you must first become a client of First Exchange Labs and meet business requirements, including Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) processes. Upon successful completion of these due diligence checking, you can exchange your fxUSD for its equivalent in fiat currency, thereby taking it out of circulation. Please be aware of all legal and financial regulations in your jurisdiction before proceeding.