FDUSD Depegging Intensifies, Dropping Below 0.95 USDT

BlockBeats News, April 2nd, according to market data, the FDUSD price has experienced severe de-pegging, currently trading at 0.9499 USDT.

Prior to this, Justin Sun posted on social media stating that the FDUSD issuer, First Digital Trust (FDT), has actually gone bankrupt and is unable to fulfill customer fund redemption obligations. Users are strongly advised to take immediate action to protect their assets.