FDUSD Depegs After Justin Sun Alleges First Digital Is ‘Insolvent’ Amid $456M Dispute

First Digital’s stablecoin, FDUSD, slipped astir 10% today, falling beneath its intended peg aft quality broke of a suit targeting the company’s CEO. Adding substance to the fire, Tron laminitis Justin Sun took to X connected Wednesday, declaring First Digital “insolvent.” Stablecoin FDUSD Slips arsenic Legal Action, $456M Allegations Hit First Digital Earlier that aforesaid […]