FDUSD Stablecoin Drops Below $1 Amid Reserve Concerns and Justin Sun Allegations

FDUSD FDUSD - $0.998784592352190 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.

Source: tokenpost.com

Related symbols: STABLEUSD

2025-04-03 04:18:06 GMT.

Link to source Join our Telegram channel

Price & Market Data

Price: $0.998784592352190

Volume 24h: $3,581,350,293.94

Market Cap: $495,709,935.68

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/.