First Digital redeems FDUSD Depeg’s $26 million and dismisses Sun Instolvency’s claim
The first digital redeemed nearly $26 million in Stablecoin’s withdrawal after the FDUSD token temporarily lost its US dollar peg following a bankruptcy filing by Tron founder Justin Sun. The first digital USD (FDUSD) was discontinued on April 2nd, bringing it to $0.87 for a short time, after Sun claimed that the first digital was…
