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About First Digital USD
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First Digital USD
About First Digital USD
First Digital USD (FDUSD) is a cryptocurrency launched in 2023and operates on the Ethereum platform. First Digital USD has a current supply of 2,588,088,088.167816. The last known price of First Digital USD is 0.99805844 USD and is down -0.02 over the last 24 hours. It is currently trading on 494 active market(s) with $5,622,131,542.66 traded over the last 24 hours. More information can be found at https://firstdigitallabs.com/.
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First Digital USD Markets
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First Digital USD latest News
Keep up with what's happening in the crypto world in real-time.
FDUSD Stablecoin Drops Below $1 Amid Reserve Concerns and Justin Sun Allegations
FDUSD, a stablecoin issued by Hong Kong-based First Digital, briefly lost its $1 peg this week, sparking investor concern over its reserves. Prices dropped as low as $0.87 against Tether (USDT) and $0.76 against Circles USDC on Binance, its main trading platform.
Binance confirms FDUSD reserves are accurate after a brief de-pegging event
Binance has reaffirmed the accuracy of FDUSD's reserve attestation for February, following concerns sparked by a brief de-pegging event. In an Apr.
First Digital USD (FDUSD) Depegs After Justin Sun Alleges Firm Is ‘Insolvent' and Not Fulfilling Redemptions
A prominent stablecoin depegged from the US dollar Wednesday morning after it was alleged that its Hong Kong-based issuer was bankrupt In a new thread on the social media platform X, crypto billionaire and Tron (TRX) founder Justin Sun urged his followers to “take immediate action” to protect any assets they held in FDUSD, a
Justin Sun Accuses First Digital Trust of Insolvency, FDUSD Depegs to $0.87
Tron founder Justin Sun accused First Digital Trust of being insolvent regarding its TUSD stablecoin. This prompted another FDUSD, another asset from the same company, to temporarily depeg to a low of $0.87.
Binance-Backed FDUSD Stablecoin Loses Dollar Peg Following Justin Sun Accusations
A stablecoin called First Digital USD lost its dollar peg after Tron founder Justin Sun claimed that its issuer is effectively insolvent.
The Daily: Crypto market braces for Trump's ‘Liberation Day' impact, FDUSD stablecoin depegs after Justin Sun raises solvency concerns and more
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
