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Cryptorank

Category Depeg

First Digital Pursues Legal Action Against Justin Sun for False Claims

First Digital Pursues Legal Action Against Justin Sun for False Claims

The First Digital assured its users that FDUSD continues its 1:1 backing and its redemption channel is operating without any issues. It has complet...
Apr, 03, 2025
2 min read
by TheNewsCrypto
Synthetix Stablecoin SUSD Drops Below $1 Parity, Struggles to Rebound

Synthetix Stablecoin SUSD Drops Below $1 Parity, Struggles to Rebound

According to current market prices, the synthetix usd (SUSD) stablecoin has fallen from its intended $1 parity. Charts show the token dipped to a l...
May, 17, 2024
by Bitcoin News
USDE and FDUSD Experience Brief Depegs Amid Saturday’s Crypto Market Shake-Up

USDE and FDUSD Experience Brief Depegs Amid Saturday’s Crypto Market Shake-Up

The fifth-largest stablecoin in the crypto economy by market capitalization, Ethena’s USDE, temporarily detached from its peg on Saturday amid mark...
Apr, 14, 2024
by Bitcoin News
Stablecoin TUSD Remains Below Intended $1 Peg as Avara’s GHO Surges to Near-Peg Heights

Stablecoin TUSD Remains Below Intended $1 Peg as Avara’s GHO Surges to Near-Peg Heights

Market analysis reveals ongoing stability challenges for the stablecoin trueusd in maintaining its targeted $1 peg. As of 10:30 a.m. Eastern Time (...
Jan, 25, 2024
2 min read
by Bitcoin News
TUSD’s Stability Wavers — Value Fluctuates Below $1 Peg Amid Market Turbulence and Binance’s Dominant Hold

TUSD’s Stability Wavers — Value Fluctuates Below $1 Peg Amid Market Turbulence and Binance’s Dominant Hold

Market insights reveal that on January 15, 2024, the stablecoin TUSD deviated from its usual $1 parity, dipping to $0.979 per coin the next day. By...
Jan, 16, 2024
1 min read
by Bitcoin News