Binance's FDUSD stablecoin regains its dollar peg after flash crash

First Digital USD FDUSD FDUSD - $0.998616020376500 crashed and de-pegged as low as 13% after Justin Sun claimed its issuer, First Digital Trust, did not hold sufficient funds to back the outstanding stablecoins. Soon after that, FDUSD FDUSD - $0.998616020376500 returned close to its $1 peg.

Source: cryptopolitan.com

Related symbols: STABLEUSD

2025-04-03 09:19:02 GMT.

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Price & Market Data

Price: $0.998616020376500

Volume 24h: $3,582,939,485.03

Market Cap: $495,626,271.19

Description

First Digital USD (FDUSD) is a cryptocurrency launched in 2023and operates on the Ethereum platform. First Digital USD has a current supply of 506,313,158.489671. The last known price of First Digital USD is 0.99934294 USD and is up 0.01 over the last 24 hours. It is currently trading on 621 active market(s) with $4,776,258,363.82 traded over the last 24 hours. More information can be found at https://firstdigitallabs.com/.