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The FDUSD Stablecoin DePegs Following the claims made by Justin Sun


The first digital trust refused Justin Sun’s claims of liquidity issues, saying it was part of the “smear campaign.”

The FDUSD Stablecoin DePegs Following the claims made by Justin Sun

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The first digital us-dollar peg stablecoin (FDUSD) eliminated on April 2 following the claims of insignificance from the founder of Tron Network Justin Sun, who said the one who gave the tokenized fiat equivalent, first digital, was pointless.

The first digital responds to the claims by assuring the users who gives is fully solvent and said the dispute includes Trueusd (Tusd), another stablecoin. The firm wrote on an April 2 x x Post:

“Every dollar backing FDUSD is completely safe, safe and accounted for for US-supported bills.

The first digital also indicated that they would take legal action against the sun for making the claims on social media.

Stablecoin, Justin Sun

FDUSD defeated the dollar peg following online claims. Source: CoinMarketCap

This is a story development, and further information will be added as it is available.