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Category First Digital USD (FDUSD)

MainNewsFirst Digital USD (FDUSD)
Justin Sun’s $500M Bailout of TUSD Exposes Weaknesses in Hong Kong Trust Regulation

Justin Sun’s $500M Bailout of TUSD Exposes Weaknesses in Hong Kong Trust Regulation

Conflicting narratives emerged Thursday regarding TrueUSD (TUSD) reserves as Tron founder Justin Sun confirmed he provided the $500 million loan fo...
Apr, 04, 2025
< 1 min read
by CoinEdition
‘Smear Campaign’: First Digital Responds Forcefully to Justin Sun’s Attacks

‘Smear Campaign’: First Digital Responds Forcefully to Justin Sun’s Attacks

First Digital Trust (FDT), the issuer of the FDUSD stablecoin, has come out strongly against Tron founder Justin Sun’s warnings on their stablecoin...
Apr, 03, 2025
< 1 min read
by CoinEdition
FDT Insolvency Buzz, FDUSD Depeg Stoke Fears: Hong Kong Oversight Questioned

FDT Insolvency Buzz, FDUSD Depeg Stoke Fears: Hong Kong Oversight Questioned

First Digital Trust (FDT), the issuer behind the FDUSD stablecoin, reportedly faces insolvency and has halted client fund redemptions, sparking sig...
Apr, 03, 2025
< 1 min read
by CoinEdition
Whales Shift Focus to Under-the-Radar Crypto Projects

Whales Shift Focus to Under-the-Radar Crypto Projects

Whale activity has shifted from large-cap cryptocurrencies to lesser-known projects this week. This indicates growing interest in under-the-radar a...
Nov, 21, 2024
< 1 min read
by CoinEdition
Stablecoins Hit Record $177B Market Cap, Tether Leads Surge

Stablecoins Hit Record $177B Market Cap, Tether Leads Surge

The stablecoin market is booming, reaching a new all-time high of $177 billion. This marks 11 consecutive months of growth, shattering the previous...
Aug, 28, 2024
< 1 min read
by CoinEdition