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

FDUSD FDUSD - $0.997992622213342 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 - $0.997992622213342 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: $0.997992622213342

Volume 24h: $5,201,405,065.31

Market Cap: $1,449,550,304.31

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 0.99810422 USD and is down -0.03 over the last 24 hours. It is currently trading on 554 active market(s) with $5,353,034,384.05 traded over the last 24 hours. More information can be found at https://firstdigitallabs.com/.