Search results for "FDUSD"
06:57

FDUSD (First Digital USD) fell 0.02% in the last 24 hours.

Gate News Bot news, July 11th, according to CoinMarketCap data, as of the time of writing, FDUSD (First Digital USD) is currently reported at 0.99 USD, down 0.02% in the last 24 hours, peaking at 1.00 USD and falling to a low of 0.99 USD. The current market capitalization is approximately 1.45 billion USD. FDUSD is a stablecoin pegged 1:1 to the US dollar. Each FDUSD is fully backed by 1 US dollar or an equivalent fair asset, which is securely held by qualified custodians in regulated custody accounts. FDUSD aims to provide users with a stable, secure, and convenient digital dollar service, suitable for various scenarios such as global payments, international remittances, and fund management. Important recent news about FDUSD: 1️⃣ **First Digital will discuss Justin
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FDUSD0.04%
17:20

First Digital Trust has filed a lawsuit against Sun Yuchen for defamation allegations.

According to the Gate.io News bot and CoinDesk, First Digital Trust has filed a defamation lawsuit against Sun Yuchen in the Hong Kong High Court, suing him for his claim of "insolvency." The case number is HCA 680. First Digital Trust requested the court to issue an injunction to restrict Sun Yuchen from making relevant statements, while also requiring him to publish a retraction and provide compensation. Previously, this accusation led to a brief de-pegging of the stablecoin FDUSD issued by First Digital on April 3, which has since returned to normal. Sun Yuchen continued to make allegations of fraud against the company at a press conference held in Hong Kong and called for regulatory reform. The date for the preliminary hearing in the case has not yet been determined.
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FDUSD0.04%
21:35

First Digital February Reserve Account Report: Total reserve assets exceed $2.05 billion, with U.S. Treasuries accounting for over 84%.

The ChainCatcher report shows that as of February 28, 2025, the FDUSD Circulating Supply is 2,041,924,819.94, corresponding to a total reserve asset amount of 2,051,348,188.70 USD. Among these, the reserve assets include U.S. Treasury bonds accounting for 84.5%, overnight repurchase agreements accounting for 1.6%, time deposits accounting for 7.1%, and cash deposits accounting for 6.8%.
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FDUSD0.04%
15:30

FDUSD has been unpegged and is now quoted at 0.9949 USDT

BlockBeats News, on April 2, according to market data, FDUSD was unanchored after Justin Sun posted that "the entity behind it has gone bankrupt and cannot fulfill customer fund redemption obligations", with a price of 0.9949 USDT as of press time.
FDUSD0.04%
SUN-0.52%
15:27

Justin Sun: The FDUSD issuer has gone bankrupt and is unable to fulfill its redemption obligations.

Justin Sun posted on April 2 that FDUSD issuer First Digital Trust (FDT) is bankrupt and unable to fulfill its obligations, advising users to protect their assets. There are risks in Hong Kong's financial system, and regulators are urged to take steps to prevent losses. Hong Kong's reputation as a financial centre has been tarnished, and financial fraud must be eradicated.
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SUN-0.52%
FDUSD0.04%
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04:35
Jinse Finance reported that the weekly volume of USDC has reached $23 billion, higher than $9 billion in 2023 and $5 billion in 2022. Its market share is currently close to 14% of FDUSD, reaching a historical high.
USDC0.03%
FDUSD0.04%
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04:32

Spot inflow/outflow leaderboard for the past 7 days: Bitcoin net outflow of 165 million USD.

BlockBeats news, on April 6, according to Coinglass data, the net inflow of cryptocurrency spot funds in the past 7 days is as follows: FDUSD net inflow of 170 million USD; NEO net inflow of 27.14 million USD; OM net inflow of 14.18 million USD; the net outflow of cryptocurrency spot funds is as follows: Bitcoin net outflow of 165 million USD; Ethereum net outflow of 136 million USD; SOL net outflow of 119 million USD.
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BTC2.36%
FDUSD0.04%
NEO-2.3%
ETH-1.39%
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04:03

FDUSD has completed the first batch of redemptions, maintaining a 1:1 full support.

Odaily News According to First Digital, in response to the recent market FUD, FDUSD has completed the first batch of redemption requests, and the corresponding destruction transactions can be viewed on-chain. The official reiterates that FDUSD still maintains a 1:1 full backing, the redemption channel is running smoothly, and all redemption requests will continue to be processed in a timely manner.
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FDUSD0.04%
FUD0.11%
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04:00

Spot inflow/outflow leaderboard in the past 24 hours: Bitcoin net inflow of $187 million

BlockBeats news, on April 3, according to Coinglass data, the net inflow of cryptocurrency spot funds in the past 24 hours is as follows: Bitcoin net inflow of 187 million USD; FDUSD net inflow of 118 million USD; NEO net inflow of 12.02 million USD. The net outflow of cryptocurrency spot funds is as follows: SOL net outflow of 56.07 million USD; XRP net outflow of 34.83 million USD; BR net outflow of 34.17 million USD.
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BTC2.36%
FDUSD0.04%
NEO-2.3%
SOL2.09%
00:22

Stable Coin FDUSD is now available on Solana

ChainCatcher news, according to official sources, FDUSD stablecoin has now been launched on Solana. FDUSD is a stablecoin backed by First Digital with US dollars and dollar equivalents (such as US Treasury bonds). As of January 13, Ethereum, BSC, and Sui have issued more than 1.7 billion US dollars
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FDUSD0.04%
SOL2.09%
ETH-1.39%
03:26

FDUSD has been listed on Sui

According to official sources, SUI has been listed on FDUSD. This makes SUI the first blockchain to be expanded since FDUSD was launched last summer. Sui indicates that FDUSD will enhance the Liquidity and efficiency of trading, further connecting TradFi with the expanding digital economy. Over the past 6 months, FDUSD has become the largest 1:1 in the market.
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FDUSD0.04%
SUI0.11%
07:27
USD inflows into the cryptocurrency market last week reached a net inflow of $6.283 billion, the highest weekly inflow since January 2022. Gate News: According to Odaily, SoSoValue data shows that last week (November 4th - November 10th, Eastern Time), the net inflow of US dollars into the Cryptocurrency market reached 6.283 billion dollars. Among them, the net inflow of US BTC and Ethereum Spot ETF reached 1.792 billion US dollars per week; the net inflow of Fiat Currency-supported Stable Coin (USDC, USDT, FDUSD, TUSD, PYUSD, USDP, GUSD) reached 4.492 billion US dollars per week.
BTC2.36%
ETH-1.39%
USDC0.03%
FDUSD0.04%
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06:47

Last week, the net inflow of USD into the crypto market was $6.283 billion, reaching a new weekly inflow high since January 2022.

According to SoSoValue data, the inflow of US dollars into the Cryptocurrency market reached 6.283 billion USD last week, setting a new weekly inflow record since January 2022. Among them, the net inflow of US BTC and ETH spot ETFs reached 1.792 billion USD, and the net inflow of Fiat Currency-backed Stable Coin reached 4.492 billion USD. The total net inflow into the Cryptocurrency market reached 183.19 billion USD.
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BTC2.36%
ETH-1.39%
USDC0.03%
FDUSD0.04%
01:06

The stablecoin market remained relatively stable in June, with minimal changes in supply.

In June, the stable coin market was relatively stable, with USDT dominating the market with a market cap of $112.65 billion, followed by USDC with a market cap of $32.24 billion. The phenomenon of stable coin reduction is common, with FDUSD's market cap falling by 28.5%, and Makerdao's DAI market cap dropping to $5.13 billion. Ethena's USDE rose by 21.4%, while other stable coin markets experienced relatively small fluctuations.
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FDUSD0.04%
USDC0.03%
MKR-2.16%
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