First Digital Labs listed FDUSD on HashKey Exchange, which gives investors access to direct USD trading.

Stablecoin issuer First Digital Labs has listed FDUSD on HashKey Exchange, with three spot pairs going live: FDUSD/USD, BTC/FDUSD and ETH/FDUSD.

The fiat pair lets professional investors trade FDUSD directly against the US dollar without routing through a second stablecoin. The two crypto pairs allow Bitcoin and Ether to be traded against FDUSD alongside USDT and USDC, which are already available on the platform.

First Digital Labs said it plans to continue expanding FDUSD across trading venues, networks and payment applications, giving holders more options to trade, settle and transfer the stablecoin.

Vincent Chok, Founder and CEO of First Digital, said: “Hong Kong is becoming an important hub for regulated markets in Asia, creating new opportunities for stablecoins to connect fiat liquidity with on-chain markets.”

Haiyang Rui, CEO of HashKey Exchange BG, said: “The listing of FDUSD further expands our stablecoin offerings on HashKey Exchange. We remain committed to providing users with reliable and diverse digital asset trading services.”

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