FDUSD vs USDC

USDC leads on the only live benchmark. USDC wins on Cheapest USDT stablecoin swap on Binance, live USDC, FDUSD, USDe spread (0.029% vs 0.12%).

Read methodology Last measured Window: rolling 24h1 shared benchmark
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FDUSD

First Digital USD, Hong Kong-issued stablecoin backed 1:1 by USD reserves. Primary depth lives on Binance USDT-quoted FDUSDUSDT; USD-quoted venues offer negligible volume.

USDC logo
USDC

Circle's USD-redeemed stablecoin, audited and backed by short-duration Treasuries and same-day USD cash. Same-day primary-market redemption with US banks is the structural anchor for the peg.

Side by side measurements

Frequently asked questions

FDUSD vs USDC: which one is better?

FDUSD and USDC are compared on 1 shared OpenChainBench benchmarks. USDC leads on Cheapest USDT stablecoin swap on Binance, live USDC, FDUSD, USDe spread. See the live table on this page for every metric.

Which is cheaper, FDUSD or USDC?

On the Cheapest USDT stablecoin swap on Binance, live USDC, FDUSD, USDe spread benchmark, USDC leads at 0.029% versus FDUSD at 0.12%. Live measurement is updated continuously by the OpenChainBench harness.

How is the FDUSD vs USDC comparison measured?

Every benchmark on this page uses the same open methodology, published at https://openchainbench.com/methodology. Data is CC-BY-4.0. Measurement harnesses are MIT-licensed.

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How this pair was selected

Auto-generated pairs require: both providers in the same benchmark for seven consecutive days, at least 1000 samples per provider, observable third-party search demand, and a public /products/[slug] page on OCB. Editorially curated pairs (like this one) may publish early when search demand is high and data is accruing — panels with fewer than 100 samples are shown as provisional. The full pair ledger is versioned in the public repo.

Live data refreshes via ISR within 60 seconds of a new run. Sources are the same Prometheus queries surfaced on the parent benchmark pages.