FDUSD Still Recovering from Depeg as First Digital Vows to Take Legal Action Against Justin Sun
Quick take: The Hong Kong-based stablecoin issuer has since made a statement vowing to pursue legal action against Sun. The FDUSD later recovered to trade around $0.98 to USDT on Binance. First Digital Trust also managed reserves for TrueUSD (TUSD) when it fell below the $1 peg in January last year. FDUSD, the stablecoin issued … Read more