Reasons for the drastic drop in fdusd's performance against the dollar
The founder of Tron, Justin Sun, claimed that the company is facing financial difficulties and urged the authorities to intervene to save what can be saved.
The company First Digital, responsible for the currency, responded by denying all allegations and filing a lawsuit against Justin.
However, there was a drastic drop, but the currency quickly recovered with support from Binance #FDUSD🔥