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

FDUSD FDUSD - $0.997634920304991 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: $0.997634920304991

Volume 24h: $2,694,558,436.24

Market Cap: $1,449,030,754.47

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 0.99781309 USD and is down -0.02 over the last 24 hours. It is currently trading on 570 active market(s) with $2,693,123,924.01 traded over the last 24 hours. More information can be found at https://firstdigitallabs.com/.