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

FDUSD FDUSD - $0.997909168843630 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 - $0.997909168843630 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: $0.997909168843630

Volume 24h: $4,172,279,491.22

Market Cap: $843,005,403.14

Description

First Digital USD (FDUSD) is a cryptocurrency launched in 2023and operates on the Ethereum platform. First Digital USD has a current supply of 862,964,663.460102. The last known price of First Digital USD is 0.99799411 USD and is up 0.09 over the last 24 hours. It is currently trading on 616 active market(s) with $4,512,865,562.46 traded over the last 24 hours. More information can be found at https://firstdigitallabs.com/.