#Breaking_Crypto_News The FDUSD stablecoin is wobbling after explosive accusations from Justin Sun. 🔥

The founder of Tron questions the solvency of First Digital Trust, the issuer of FDUSD, unleashing a wave of uncertainty in the market.

First Digital Trust's response was swift: they deny the accusations and announce legal action against Sun, labeling his statements as a "smear campaign." They assert that FDUSD is backed 1:1 by U.S. Treasury bonds.

The loss of parity of FDUSD, which fell to as low as $0.95, has raised concerns.