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

FDUSD FDUSD - $0.995255184721928 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 - $0.995255184721928 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: $0.995255184721928

Volume 24h: $3,847,997,431.49

Market Cap: $2,181,727,866.96

Description

First Digital USD (FDUSD) is a cryptocurrency launched in 2023and operates on the Ethereum platform. First Digital USD has a current supply of 2,568,088,088.167816. The last known price of First Digital USD is 0.99831076 USD and is up 0.00 over the last 24 hours. It is currently trading on 494 active market(s) with $5,316,595,229.77 traded over the last 24 hours. More information can be found at https://firstdigitallabs.com/.