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FDUSD Depegs After Justin Sun Alleges Insolvency

FDUSD Depegs After Justin Sun Alleges Insolvency

The Tron founder claims First Digital Trust is “effectively insolvent,” while the company accuses him of orchestrating a “smear campaign.”
First Digital’s FDUSD Stablecoin is Officially Live on Sui

First Digital’s FDUSD Stablecoin is Officially Live on Sui

Grand Cayman, Cayman Islands, 20th November 2024, Chainwire
Hong Kong Stablecoin FDUSD’s Market Cap Surges by 10x In Two Days

Hong Kong Stablecoin FDUSD’s Market Cap Surges by 10x In Two Days

Hong Kong-based FDUSD carves market share in volatile stablecoin sector.
FDUSD on Arbitrum cover image

Top-10 Fiat-backed Stablecoin FDUSD Expands to Arbitrum

The USD stablecoin is now deployed on five major chains, including Ethereum, BNB Chain, Solana and Sui
Justin Sun Declares First Digital Trust Insolvent, FDUSD Depegs as Binance Holds $1.67B

Justin Sun Declares First Digital Trust Insolvent, FDUSD Depegs as Binance Holds $1.67B

Justin Sun has announced that First Digital Trust (FDT), the Hong Kong-based issuer of the stablecoin FDUSD, is effectively insolvent and unable to fulfill client fund redemptions
Justin Sun Accuses First Digital Trust of $500M Misappropriation, Prompting FDUSD Depeg and TUSD Bailout

Justin Sun Accuses First Digital Trust of $500M Misappropriation, Prompting FDUSD Depeg and TUSD Bailout

Justin Sun, founder of the Tron blockchain, has accused First Digital Trust (FDT) of misappropriating $500 million in client reserve funds, leading to a significant depeg of the stablecoin FDUSD
Binance Lists Toncoin ($TON) with Seed Tag at 10:00 UTC on August 8, 2024, Including Trading Pairs TON/BTC, TON/USDT, and TON/FDUSD

Binance Lists Toncoin ($TON) with Seed Tag at 10:00 UTC on August 8, 2024, Including Trading Pairs TON/BTC, TON/USDT, and TON/FDUSD

Binance has announced the listing of Toncoin ($TON) on its platform, effective August 8, 2024, at 10:00 UTC