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Fdusd
First Digital to 'Pursue Legal Action' Over Justin Sun Allegations as FDUSD Drops
The stablecoin deviated from its price peg as Tron founder Justin Sun claimed that First Digital Trust is "effectively insolvent," a characterization the company pushed back on.
Hong Kong-Based First Digital's $3B Stablecoin Arrives to Sui Network in DeFi Push
FDUSD has quickly become the fourth-largest stablecoin since its launch last year under Hong Kong's digital asset regulations, benefitting from crypto exchange giant Binance's trading promotion.
Solana Mobile to Sell Second Crypto Smartphone; Vivek Ramaswamy Suspends Campaign
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines shaping the crypto industry, including Solana Mobile's plans to launch a second smartphone as it looks to ride the unlikely success of its first crypto-ready smartphone and crypto-friendly U.S. presidential candidate Vivek Ramaswamy suspending his campaign. Plus, how TUSD lost $1 peg amid Binance's FDUSD focus.
