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Category FDUSD

Hong Kong reevaluates crypto trust rules amid Justin Sun’s First Digital Trust allegations

Hong Kong reevaluates crypto trust rules amid Justin Sun’s First Digital Trust allegations

Hong Kong lawmaker Johnny Ng has vowed that authorities will act quickly if fraud allegations against First Digital Trust (FDT), the issuer of the ...
Apr, 03, 2025
2 min read
by CryptoSlate
Binance’s FDUSD stablecoin regains its dollar peg after flash crash

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

First Digital USD (FDUSD) crashed and de-pegged as low as 13% after Justin Sun claimed its issuer, First Digital Trust, did not hold sufficient fun...
Apr, 03, 2025
4 min read
by CryptoPolitan
First Digital USD (FDUSD) Depegs After Justin Sun Alleges Firm Is ‘Insolvent’ and Not Fulfilling Redemptions

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 thr...
Apr, 02, 2025
2 min read
by The Daily Hodl
Binance draws in a record inflow of stablecoins

Binance draws in a record inflow of stablecoins

Binance continues to draw in stablecoins, with a peak supply of over 33B tokens on its detivative market. BNB Smart Chain carries its own supply of...
Mar, 31, 2025
3 min read
by CryptoPolitan
Changpeng ‘CZ’ Zhao: There are more stablecoin launches than altcoins

Changpeng ‘CZ’ Zhao: There are more stablecoin launches than altcoins

Stablecoins may be the next big trend, as Changpeng 'CZ' Zhao noted more stables launching than new altcoins.
Mar, 21, 2025
4 min read
by CryptoPolitan