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Category First Digital USD (FDUSD)

MainNewsFirst Digital USD (FDUSD)
Justin Sun Shares Major Update on $500M TUSD Reserve Misappropriation: Calls Out ARIA-FDT Scam and Dubai Banks

Justin Sun Shares Major Update on $500M TUSD Reserve Misappropriation: Calls Out ARIA-FDT Scam and Dubai Banks

TRON founder Justin Sun has issued an update on what he describes as a “$500 million fraud” involving misappropriated TrueUSD (TUSD) reserves.  The...
Independent Auditors Confirm 1:1 Backing for First Digital’s FDUSD

Independent Auditors Confirm 1:1 Backing for First Digital’s FDUSD

Hong Kong-based crypto custodian First Digital Labs shared its latest report showing its FDUSD stablecoin remains fully supported by cash or simila...
FDUSD Defies FUD with $170M Inflow Against Trend of Major Crypto Outflows

FDUSD Defies FUD with $170M Inflow Against Trend of Major Crypto Outflows

On-chain data reveals most top cryptocurrencies experienced net negative fund flows over the past week, contrasting sharply with inflows seen in lo...
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...
‘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...