Canza Finance partners with First Digital to support institutions using FDUSD.

PANews reported on February 19th that Canza Finance announced a strategic integration with First Digital to support the adoption of FDUSD in institutional and B2B stablecoin settlement processes. Over the past year, Canza Finance processed approximately $200 million in stablecoin transactions, primarily driven by over-the-counter (OTC) activity and cross-border B2B transactions in emerging markets. Through this partnership, FDUSD will be introduced as an additional settlement option to Canza Finance's client network.

Vincent Chok, founder and group CEO of First Digital, stated that this integration supports the commitment to expanding responsible and scalable stablecoin use cases, and Canza Finance's position within institutional settlement networks makes it a suitable partner for driving FDUSD adoption in emerging markets. Canza Finance stated that supporting FDUSD in its settlement processes aligns with its mission to provide enterprise clients with an efficient, transparent, and trusted digital asset infrastructure.