First Digital swiftly redeems $26M after FDUSD's depeg, countering Justin Sun's insolvency claims.
Wintermute transfers over $75M FDUSD back to First Digital post-depegging. A $3M arbitrage opportunity emerges as FDUSD re-pegs to the US dollar. Despite insolvency claims, First Digital asserts its stablecoin's solvency.
First Digital, issuer of FDUSD stablecoin, denies Justin Sun's claims of misconduct, emphasizing transparent operations.
First Digital takes legal action against Justin Sun for misleading claims about FDUSD, while assuring its users of the stablecoin's 1:1 backing and seamless redemption process.
First Digital firmly rejects Justin Sun's allegations regarding FDUSD operations and considers legal action.
FDUSD stablecoin loses its $1 peg amid reserve concerns and allegations against Justin Sun, causing market turmoil.
FDUSD stablecoin drops nearly 10% after claims of First Digital's insolvency by Justin Sun amid a $456M dispute.
First Digital plans legal action against Justin Sun's insolvency claims, as FDUSD loses its peg.
Binance customer service responds to Justin Sun's claims against First Digital, suggesting they may stem from a past financial dispute.
FDUSD stablecoin depegs 9% following Justin Sun's concerns about First Digital's solvency and a lawsuit by Techteryx over redirected TUSD reserves.
FDUSD stablecoin partners with FOMO Pay to enable payment solutions on Ethereum and Solana.
First Digital's FDUSD stablecoin is now available on the Sui blockchain, launched from Grand Cayman, Cayman Islands.
The FDUSD stablecoin by First Digital is now live on the Sui blockchain, launched from Grand Cayman, Cayman Islands.
First Digital's FDUSD stablecoin is now live on the Sui blockchain, marking a new milestone for digital currencies.
First Digital's FDUSD stablecoin has gone live on the Sui blockchain.
VALR will list First Digital’s FDUSD stablecoin, introducing new trading pairs and enhancing stablecoin adoption in Africa and globally.
VALR will list First Digital's FDUSD stablecoin to enhance stablecoin adoption in Africa and beyond.
The stablecoin market grew modestly, adding $590 million in valuation, despite First Digital's FDUSD seeing a 29% decrease in supply. Ethena's USDE had the largest growth among top dollar-backed tokens with a 17.5% increase. Overall market dynamics show diverse trends within stablecoin supplies.
Hong Kong's First Digital's FDUSD stablecoin, launched in July and regulated by local digital asset laws, has risen to the fourth-largest, aided by Binance's trading promotion.
