FDUSD Stablecoin Drops Below $1 Amid Reserve Concerns and Justin Sun Allegations

FDUSD FDUSD - $0.998757338429156 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: tokenpost.com

Related symbols: STABLEUSD

2025-04-03 04:18:06 GMT.

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Price & Market Data

Price: $0.998757338429156

Volume 24h: $3,747,071,635.50

Market Cap: $1,644,220,930.78

Description

First Digital USD (FDUSD) is a cryptocurrency launched in 2023and operates on the Ethereum platform. First Digital USD has a current supply of 1,646,266,683.123434. The last known price of First Digital USD is 0.99854679 USD and is down -0.01 over the last 24 hours. It is currently trading on 524 active market(s) with $3,774,976,855.87 traded over the last 24 hours. More information can be found at https://firstdigitallabs.com/.