Justin Sun's allegations of FDUSD insolvency cause 9% depeg

FDUSD FDUSD - $0.998215910545250 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 FDUSD - $0.998215910545250 suffered a market cap loss of about $200m.

Source: blockworks.co

Related symbols: CAPUSD

2025-04-03 17:30:06 GMT.

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Price & Market Data

Price: $0.998215910545250

Volume 24h: $4,318,814,466.23

Market Cap: $498,750,100.25

Description

First Digital USD (FDUSD) is a cryptocurrency launched in 2023and operates on the Ethereum platform. First Digital USD has a current supply of 499,641,505.391027. The last known price of First Digital USD is 0.99917313 USD and is down -0.02 over the last 24 hours. It is currently trading on 624 active market(s) with $2,995,215,024.48 traded over the last 24 hours. More information can be found at https://firstdigitallabs.com/.