FDUSD stableboin depegs following claims made by Justin Sun

The First Digital US-dollar pegged stablecoin FDUSD FDUSD - $0.996901224278620 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 TUSD - $0.996416369094850 another stablecoin. The firm wrote in an April 2 X post: "Every dollar backing FDUSD FDUSD - $0.996901224278620 is completely, secure, safe and accounted for with US backed T-Bills.

Source: cointelegraph.com

Related symbols: SIRIUSUSD

2025-04-02 17:28:03 GMT.

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Price & Market Data

Price: $0.996901224278620

Volume 24h: $4,336,013,582.68

Market Cap: $908,227,222.69

Description

First Digital USD (FDUSD) is a cryptocurrency launched in 2023and operates on the Ethereum platform. First Digital USD has a current supply of 926,202,024.430127. The last known price of First Digital USD is 0.99699722 USD and is up 0.00 over the last 24 hours. It is currently trading on 616 active market(s) with $3,345,022,407.12 traded over the last 24 hours. More information can be found at https://firstdigitallabs.com/.

Price & Market Data

Price: $0.996416369094850

Volume 24h: $20,769,828.53

Market Cap: $492,742,923.47

Description

TrueUSD (TUSD) is a cryptocurrency and operates on the Ethereum platform. TrueUSD has a current supply of 494,515,083. The last known price of TrueUSD is 0.99676106 USD and is up 0.05 over the last 24 hours. It is currently trading on 578 active market(s) with $13,482,898.41 traded over the last 24 hours. More information can be found at https://tusd.io/.