First Digital Labs has launched FDUSD on Arbitrum, Ethereum’s largest Layer-2 network, marking the stablecoin’s latest expansion and further strengthening its cross-chain …
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FDUSD
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Markets
First Digital USD (FDUSD) Depegs After Justin Sun Alleges Firm Is ‘Insolvent’ and Not Fulfilling Redemptions
by shayaanby shayaanA prominent stablecoin depegged from the US dollar Wednesday morning after it was alleged that its Hong Kong-based issuer was bankrupt In …
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Markets
First Digital to 'Pursue Legal Action' Over Justin Sun Allegations as FDUSD Drops
by shayaanby shayaanFDUSD, the stablecoin issued by Hong Kong-based First Digital, has wobbled from its $1 price peg as investor concerns mounted over its …