First Digital USD
First Digital USD Description
First Digital USD (FDUSD) is a cryptocurrency launched in 2023and operates on the Ethereum platform. First Digital USD has a current supply of 2,568,088,088.167816. The last known price of First Digital USD is 0.99831076 USD and is up 0.00 over the last 24 hours. It is currently trading on 494 active market(s) with $5,316,595,229.77 traded over the last 24 hours. More information can be found at https://firstdigitallabs.com/.
Latest First Digital USD News
Justin Sun's allegations of FDUSD insolvency cause 9% depeg
FDUSD, the sixth-largest stablecoin (market cap $2.5 billion), saw a significant depeg yesterday morning to $0.91. The peg has since recovered, though FDUSD suffered a market cap loss of about $200m.
Source name: blockworks.co
5 hours ago
Wintermute transfers $75M FDUSD since depegs, in $3M arbitrage opportunity
Market makers' blockchain transactions point to a potential $3 million arbitrage opportunity related to the depegging of the FDUSD stablecoin.The First Digital US dollar-pegged stablecoin (FDUSD) depegged on April 2, after Tron founder Justin Sun claimed that the stablecoin issuer was insolvent. Market marker Wintermute transferred over 75 million FDUSD tokens back to First Digital within a day since the stablecoin depegged to $0.87.
Source name: cointelegraph.com
9 hours, 53 minutes ago
Everything About the FDUSD Depeg
The sudden dip caused panic among investors, leading to a 13% drop in value. During this time, the Wintermute trading firm swiftly withdrew 31.36 million FDUSD from Binance.
Source name: altcoinbuzz.io
10 hours, 51 minutes ago
Binance's FDUSD stablecoin regains its dollar peg after flash crash
First Digital USD (FDUSD) crashed and de-pegged as low as 13% after Justin Sun claimed its issuer, First Digital Trust, did not hold sufficient funds to back the outstanding stablecoins. Soon after that, FDUSD returned close to its $1 peg.
Source name: cryptopolitan.com
13 hours, 11 minutes ago
FDUSD Stablecoin Drops Below $1 Amid Reserve Concerns and Justin Sun Allegations
FDUSD, a stablecoin issued by Hong Kong-based First Digital, briefly lost its $1 peg this week, sparking investor concern over its reserves. Prices dropped as low as $0.87 against Tether (USDT) and $0.76 against Circles USDC on Binance, its main trading platform.
Source name: tokenpost.com
18 hours, 12 minutes ago
First Digital USD (FDUSD) Depegs After Justin Sun Alleges Firm Is ‘Insolvent' and Not Fulfilling Redemptions
A prominent stablecoin depegged from the US dollar Wednesday morning after it was alleged that its Hong Kong-based issuer was bankrupt In a new thread on the social media platform X, crypto billionaire and Tron (TRX) founder Justin Sun urged his followers to “take immediate action” to protect any assets they held in FDUSD, a
Source name: dailyhodl.com
1 days, 18 minutes ago
Justin Sun Accuses First Digital Trust of Insolvency, FDUSD Depegs to $0.87
Tron founder Justin Sun accused First Digital Trust of being insolvent regarding its TUSD stablecoin. This prompted another FDUSD, another asset from the same company, to temporarily depeg to a low of $0.87.
Source name: beincrypto.com
1 days, 2 hours, 38 minutes ago
Binance-Backed FDUSD Stablecoin Loses Dollar Peg Following Justin Sun Accusations
A stablecoin called First Digital USD lost its dollar peg after Tron founder Justin Sun claimed that its issuer is effectively insolvent.
Source name: decrypt.co
1 days, 3 hours, 50 minutes ago
FDUSD Depegs After Justin Sun Alleges First Digital Is ‘Insolvent' Amid $456M Dispute
First Digital's stablecoin, FDUSD, slipped almost 10% today, falling below its intended peg after news broke of a lawsuit targeting the company's CEO. Adding fuel to the fire, Tron founder Justin Sun took to X on Wednesday, declaring First Digital “insolvent.
Source name: news.bitcoin.com
1 days, 4 hours, 11 minutes ago
The Daily: Crypto market braces for Trump's ‘Liberation Day' impact, FDUSD stablecoin depegs after Justin Sun raises solvency concerns and more
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Source name: theblock.co
1 days, 4 hours, 11 minutes ago
FDUSD issuer callsJustin Sun's insolvency allegation a ‘smear campaign'
First Digital Trust (FDT) denied Justin Sun insolvency allegations and said its stablecoin is fully backed with US Treasury bills. Sun had made the allegation earlier in the day in a social media post, where he said the firm was insolvent and unable to process the redemption of its stablecoin, FDUSD.
Source name: cryptoslate.com
1 days, 4 hours, 18 minutes ago
FDUSD issuer refutes Justin Sun's insolvency allegations, calls it a ‘smear campaign'
First Digital Trust (FDT) denied Justin Sun insolvency allegations and said its stablecoin is fully backed with US Treasury bills. Sun had made the allegation earlier in the day in a social media post, where he said the firm was insolvent and unable to process the redemption of its stablecoin, FDUSD.
Source name: cryptoslate.com
1 days, 4 hours, 18 minutes ago
FDUSD stableboin depegs following claims made by Justin Sun
The First Digital US-dollar pegged stablecoin (FDUSD) depegged on April 2 following claims of insolvency from Tron network founder Justin Sun, who said that the issuer of the tokenized fiat equivalent, First Digital, is insolvent.First Digital responded to the claims by assuring users that the issuer is completely solvent and said that the dispute is with TrueUSD (TUSD), another stablecoin. The firm wrote in an April 2 X post: "Every dollar backing FDUSD is completely, secure, safe and accounted for with US backed T-Bills.
Source name: cointelegraph.com
1 days, 5 hours, 2 minutes ago
First Digital to 'Pursue Legal Action' Over Justin Sun Allegations as FDUSD Drops
The stablecoin deviated from its price peg as Tron founder Justin Sun claimed that First Digital Trust is "effectively insolvent," a characterization the company pushed back on.
Source name: coindesk.com
1 days, 5 hours, 27 minutes ago
FDUSD stablecoin depegs 9% after Justin Sun raises concerns over First Digital's solvency
Techteryx is suing First Digital for allegedly redirecting nearly half a billion dollars worth of TUSD reserves into illiquid investments.
Source name: theblock.co
1 days, 6 hours, 12 minutes ago
FDUSD Reveals Strategic Integration With Ledger's Off-Exchange Trading Network
First Digital announced a partnership with Ledger Enterprise Tradelink to enable institutions to leverage FDUSD for off-exchange settlements. The post FDUSD Reveals Strategic Integration With Ledger's Off-Exchange Trading Network appeared first on Cryptonews.
Source name: cryptonews.com
27 days, 5 hours, 33 minutes ago
Binance to delist Tether and other non-MiCA compliant stablecoins for EEA users
The move, set to take effect on March 31, will impact nine stablecoins, including Tether (USDT), First Digital USD (FDUSD) and Dai (DAI).
Source name: theblock.co
1 months, 11 hours, 17 minutes ago
Binance to List RedStone (RED) – Pre-Market Trading Now Live
Key Points Binance has listed RedStone (RED) as the 64th project on Binance Launchpool, offering users access to a multi-chain oracle solution. The farming phase for RED tokens began on February 26, 2025, allowing users to stake BNB, FDUSD, and USDC to earn RED rewards.
Source name: bitcoinist.com
1 months, 6 hours, 15 minutes ago
FDUSD Integrates with FOMO Pay on Ethereum and Solana, Enables Payments to Merchants
First Digital, the group behind the FDUSD stablecoin, has joined hands with FOMO Pay, a licensed Major Payment Institution in Singapore and Hong Kong, to add the stablecoin to FOMO Pay's payment solutions on Ethereum and Solana. The post FDUSD Integrates with FOMO Pay on Ethereum and Solana, Enables Payments to Merchants appeared first on Cryptonews.
Source name: cryptonews.com
1 months, 12 hours, 1 minutes ago
FDUSD on Solana Makes it to Binance, Zero Fees on Deposits and Withdrawals
First Digital USD (FDUSD), a multi-blockchain audited stablecoin pegged to the U.S. dollar, enhances its availability on Binance (BNB), the largest crypto exchange by trading volume and user count. Traders are invited to deposit and withdraw FDUSD paying no fees.
Source name: u.today
2 months, 11 hours, 1 minutes ago
USDC and FDUSD outpace USDT growth and activity levels in post-MiCA trading
Historically, Tether's USDT has dominated the cryptocurrency market as the primary source of crypto liquidity. However, data cited by on-chain tools have noticed an apparent shift in trader preferences as USDT loses some of its market grip to Circle's USDC and Binance's FDUSD.
Source name: cryptopolitan.com
2 months, 16 hours, 1 minutes ago
Binance Adds Magic Eden (ME) for Trading
The world's largest cryptocurrency exchange is adding Magic Eden (ME) to its platform. Starting on December 10th, 2024, at 3:00 PM UTC, users can trade ME with four different pairs: ME/BTC, ME/USDT, ME/FDUSD, and ME/TRY.
Source name: altcoinbuzz.io
3 months, 8 hours, 15 minutes ago
Binance Expands Offerings For CATI, HBAR, OM & These Crypto Sparking Optimism
Leading crypto exchange Binance has again sparked market optimism surrounding certain tokens, revealing enhanced offerings for investors on Monday. Notably, the exchange added new trading pairs for CATI, HBAR, OM, FDUSD, RAY, and TAO to its stockpile of offerings, magnetizing traders and investors globally.
Source name: coingape.com
4 months, 11 hours, 15 minutes ago
Binance Announces Six New Listings With AI, Meme Coins and Solana in Focus
The world's largest crypto exchange, Binance, announced a massive listing event today, adding several new pairs to its roster. In a recent blog announcement, the black and yellow crypto giant revealed APE/FDUSD, FDUSD/USDC, HBAR/USDC, OM/USDC, RAY/USDC, TAO/USDC and TURBO/FDUSD as newly listed pairs.
Source name: u.today
4 months, 9 hours, 33 minutes ago
Binance Introduces High-Yield Simple Earn Products with FDUSD and EURI
Binance announces new Simple Earn products offering up to 16.2% APR with FDUSD and 7% APR with EURI, providing users with attractive yield opportunities.
Source name: blockchain.news
4 months, 17 hours, 16 minutes ago
Binance Launches Attractive APR Offers on FDUSD and EURI Products
Binance introduces new APR rewards, offering 16.2% for FDUSD locked products and 7% for EURI flexible products during a limited promotion period.
Source name: blockchain.news
4 months, 16 hours, 2 minutes ago
Binance Introduces Interest-Free Loans for USDT, FDUSD, and USDC
Binance launches a promotion offering up to 7 days of interest-free loans for users borrowing USDT, FDUSD, or USDC through team formation.
Source name: blockchain.news
4 months, 17 hours, 47 minutes ago
First Digital Labs Expands FDUSD Stablecoin to Solana (SOL) Network to Leverage Growing Web3 Ecosystem
Heavily backed by the Binance exchange, the FDUSD stablecoin was previously available on Ethereum, BSC, and Sui networks.
Source name: coinspeaker.com
5 months, 4 hours, 13 minutes ago
First Digital Labs Launches FDUSD Stablecoin Integration On Solana
First Digital Labs has announced the expansion of its FDUSD stablecoin onto the Solana blockchain, aiming to bring faster, lower-cost transactions to users worldwide. The announcement was made during Binance Blockchain Week, underscoring First Digital's strategy to increase the utility of FDUSD across multiple blockchain networks.
Source name: coingape.com
5 months, 7 hours, 16 minutes ago
USDT, USDC, and FDUSD: A Comparative Analysis of Leading Stablecoins
Explore the key differences and similarities between USDT, USDC, and FDUSD stablecoins, their market impact, and why BNB Chain is the ideal platform for these digital assets.
Source name: blockchain.news
5 months, 20 hours, 47 minutes ago
Crypto Exchange Binance Adds Newly Launched Ethereum (ETH) Layer-2 Altcoin to Trading Roster
Binance, the world's leading cryptocurrency exchange, is expanding its trading offerings to include a new Ethereum (ETH) layer-2 altcoin. According to the exchange, Scroll (SCR) is now available for spot trading using the pairs of SCR/BTC, SCR/USDT, SCR/FDUSD and SCR/TRY.
Source name: dailyhodl.com
5 months, 2 hours, 18 minutes ago
Binance Launches FDUSD Locked Products with 16.2% Fixed APR
Binance introduces FDUSD Fixed Rate Locked Products offering a 16.2% APR. The promotion runs from October 23 to November 5, 2024, on a first-come, first-served basis.
Source name: blockchain.news
5 months, 15 hours, 35 minutes ago
Scroll Founder's Wallets with Over 1M Marks Accused of Manipulating SCR Token Airdrop
The Scroll's SCR token airdrop via Binance has attracted over 1.6 million participants through the BNB and FDUSD liquidity pools.
Source name: coinspeaker.com
5 months, 7 hours, 37 minutes ago
Binance announces Eigen layer (EIGEN) listing and reveals trading details
Binance announced it would list Eigen layer (EIGEN), a decentralized Ethereum staking protocol, on its exchange. The exchange revealed that spot trading for the asset will begin on October 1, 2024, at 05:00 UTC, offering EIGEN along with BTC, USDT, FDUSD, and TRY pairs.
Source name: cryptopolitan.com
6 months, 6 hours, 38 minutes ago
Binance Announces Dubai Escape Promotion with 60,000 FDUSD in Rewards
Binance launches Dubai Escape promotion, offering up to 60,000 FDUSD in token vouchers and a 2,000 FDUSD travel voucher for traders in MENA and South Asia regions.
Source name: blockchain.news
6 months, 18 hours, 33 minutes ago
