Once unanchored is actually safer; those who have never been unanchored will inevitably face this first and last time. The above does not include algorithmic stablecoins.
Defi_Ag
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How Long Does It Take for FDUSD to Return to the Peg? The Game Behind the Incident
The market is in turmoil, and behind it all are interests and games. The return to the peg can only happen gradually. Last night, the first person to take the blame was Sun Yuchen. It's obvious that he was cut by FDT, and he can't get the money back. Having failed to resolve it through legal procedures, he can only exert pressure through his influence to drag fdusd down and force FDT to repay. This is originally a private dispute between FDT involving tusd and Sun. The 'sister' has also issued a statement saying it has nothing to do with $FDUSD , and Sun's post was also well-planned. FDT is a trust company with many business dealings, not just fdusd. He suggests that everyone should go for a run on redemption, while the full text doesn't even mention fdusd, leaving it to third-party media to overinterpret.
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