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

FDUSD FDUSD - $0.998186293936410 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: $0.998186293936410

Volume 24h: $5,323,509,212.93

Market Cap: $1,449,831,605.90

Description

First Digital USD (FDUSD) is a cryptocurrency launched in 2023and operates on the Ethereum platform. First Digital USD has a current supply of 1,452,465,952.200666. The last known price of First Digital USD is 0.9979486 USD and is down -0.02 over the last 24 hours. It is currently trading on 554 active market(s) with $5,554,470,006.56 traded over the last 24 hours. More information can be found at https://firstdigitallabs.com/.