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

FDUSD FDUSD - $0.998792798909132 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 - $0.998792798909132 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: $0.998792798909132

Volume 24h: $3,567,569,520.42

Market Cap: $1,644,279,308.19

Description

First Digital USD (FDUSD) is a cryptocurrency launched in 2023and operates on the Ethereum platform. First Digital USD has a current supply of 1,646,266,683.123434. The last known price of First Digital USD is 0.99875804 USD and is up 0.02 over the last 24 hours. It is currently trading on 524 active market(s) with $3,600,215,237.52 traded over the last 24 hours. More information can be found at https://firstdigitallabs.com/.