🚨 FDUSD lost its peg to the dollar — but First Digital stood strong! 💵🔥
After accusations from Justin Sun of bankruptcy, FDUSD fell to $0.87 on April 2. Sun claimed that the company transferred $456 million of clients' funds to Dubai without permission 😳
But First Digital stated: everything is fine!
💸 $26 million of FDUSD has already been repurchased
🧾 Each token remains backed
💬 "Our stablecoin is reliable and stable"
📉 Stablecoins are the foundation of DeFi and liquidity. Their "de-pegging" is considered more dangerous than a drop in BTC, experts say.
What do you think, who is telling the truth? 👇
