Because of this matter, all funds have been transferred to Binance. No longer in use. There is no sense of security.
Anonymous-User-1234
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$FDUSD FDUSD, which is primarily promoted by Binance, is the replacement for the previously non-compliant BUSD, and this coin is only used by Binance! Binance promises a one-to-one exchange which is an effective contract, and users have the right to exchange at any time. Binance also has the obligation to maintain the one-to-one exchange at any time. Any losses incurred by users when trading FDUSD for other stablecoins at any time are due to Binance's failure to fulfill its obligation to maintain the 1:1 exchange, and all losses are the full responsibility of Binance!
Stunning Warning? USDT May Collapse, Crypto Big Shots Are Running Away!
Recently, many crypto KOLs have been quietly moving, exchanging their USDT for USDC or FDUSD, indicating a clear risk-hedging intent. Some insiders jokingly say, 'The spring river water warms, the duck knows first,' perhaps they have already sensed the storm's approach.
💣 USDT: Appears stable, but is actually hanging by a knife?
Tether's profits could reach 5.2 billion dollars in 2024, just a breath away from the Trump family's three-generation accumulated wealth of 6.5 billion.
However, USDT's '1:1 peg to the dollar' promise has almost no public verification mechanism, which is the core risk point.
If Tether encounters problems and USDT crashes, the entire crypto market could fall into systemic panic.
🔄 Where is the money flowing?
An increasing amount of funds are turning to USDC, FDUSD, and other more compliant, audit-transparent stablecoins.
After all, 'Having bullets in hand gives you the confidence to wait for the wind to come.'
📉 If USDT collapses, who will benefit?
New stablecoin projects will face unprecedented development opportunities.
Compliant exchanges may welcome a wave of capital inflow.
Smart money may take advantage of market chaos to buy quality coins at low prices.
🧠 **Conclusion:** This is not alarmist talk, but a call to prepare in advance. The night before the bubble bursts is when opportunities truly brew.
#USDT Crisis #Stablecoin Reshuffle #Crypto Risk-hedging Guide #Next Wave of Wealth Transfer
Why does everyone think that a default will definitely result in compensation? "My judgment does not represent FDUSD Company," of course, it does not rule out that after a real problem arises, they might be pressured by public opinion to provide some compensation. It's been so long since the issue arose, and the official side still doesn't dare to give a guarantee, so who would still want to play?
Ethereum has broken down, I have a bad feeling, is there a possibility of a sudden drop to 1500? I still have many staked positions that haven’t been closed, now I can’t sleep at night, setting an alarm for 1500, as long as the price reaches 1500, I will quickly close my staked positions from other exchanges, there is simply no bottom line, Ethereum, I am freaking out.
It is understandable that large investors sold off during such a panic drop at that time. Because selling off might result in a loss of ten percent, while not selling could lead to a total loss of all their wealth.
锦绣中华
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I lost nearly 300,000 USD. You took several hours to announce such a significant disconnection event. I will never use your coin again, regardless of whether it is defamation or not. Your public relations handling has caused countless customers who believed in you to worry. The massive sell-off in these few hours has made it impossible for you to regain our trust. I will continue to hold Binance accountable until my losses are recovered.
Stablecoins were cut by 10 points, completely heartbreaking for Binance. Left. All assets withdrawn.
First Digital Labs
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We assure our community that $FDUSD continues to remain redeemable on a 1:1 basis for US dollars, maintaining its peg and reliability.
We do not take this FUD lightly and will be taking necessary legal action against those spreading false information to protect our users and uphold trust in FDUSD.
Support. Sigh, this stablecoin really is disappointing.
Raisa Darius AWHO
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Due to Binance's irresponsible and brutal handling of fdusd, there will likely be many victims leaving Binance, resulting in a significant loss of liquidity. In the long run, this provides a legitimate reason to short BNB, so it is recommended to short BNB, at least down to 250 or below. Short BNB!!!
#FDUSD🔥 Hong Kong insiders reveal that the company does indeed have issues with fund embezzlement. Some should hurry and run, don't lose everything for the sake of mining profits.
I also cut at 0.9. At that time, the situation was too panic-stricken. Not cutting might lead to losing everything.
熊市攒币
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FDUSD Decoupling: Panic, Choices, and Expectations
Last night, the stablecoin FDUSD unexpectedly experienced a decoupling phenomenon. When I noticed this anomaly, the price of FDUSD was near its lowest point. I recalled the painful experience during the last bear market when the stablecoin USTC collapsed and plummeted nearly to zero, forcing me to painfully cut my holdings of FDUSD almost at the lowest point.
The reason I was able to confidently mine FDUSD on Binance was entirely based on Binance's strong endorsement. Otherwise, I would never have chosen to hold FDUSD. I sincerely hope that Binance can demonstrate the responsibility of a leading platform in the industry, actively and properly handle this crisis, provide a reasonable compensation plan for affected investors, help everyone recover some losses, and restore the market's confidence in the Binance platform.
Bro, I just bought at 8000 and it dropped by 10 points. Sad.
英才很敷衍
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Even if I contribute hundreds of thousands in interest and fees, I still think it's worth it, because I believe in the stability of the stablecoin endorsed by Binance. I wanted to buy some and wait for the rebound, but ended up getting trapped and lost a lot, which feels very unfair.
$FDUSD This time of decoupling, it is said that Binance will take action. Once trust issues arise, if he really fixes it, who would still buy this? Everyone is afraid that next time it will be like this, losing money and running away. This stablecoin, I will never dare to buy again.
Brother Sun said in one sentence that the issuer of FDUSD went bankrupt, I cut my FDUSD Sister Yi said in one sentence that FDUSD would be redeemed at a one-to-one ratio, FDUSD has re-pegged
So am I the fool here?
I’m done, withdrawing my coins, goodbye, the coins really aren't stable, even stablecoins have been cut 😅
Brother Sun said in one sentence that the issuer of FDUSD went bankrupt, I cut my FDUSD Sister Yi said in one sentence that FDUSD would be redeemed at a one-to-one ratio, FDUSD has re-pegged
So am I the fool here?
I’m done, withdrawing my coins, goodbye, the coins really aren't stable, even stablecoins have been cut 😅
$FDUSD Besides USDT, I won't touch others anymore... USDC can be allocated a bit, I tested it, a daily fluctuation of 15% what kind of stablecoin is this... #FDUSD