$FDUSD briefly lost its dollar peg, dropping as much as ~9% after claims about solvency of its issuer (First Digital Trust) surfaced on social media — though the issuer denies these claims and says reserves are fully backed.
Exchange adjustments: Major crypto exchange Binance has been removing and delisting several FDUSD trading pairs, which reflects ongoing shifts in how exchanges manage stablecoin liquidity and regulatory risk.
📌 Current Price Behavior
FDUSD typically trades very close to $1.00, as expected for a fiat-backed stablecoin. Temporary price swings below the peg are generally short-lived and driven by market sentiment or liquidity shifts, not fundamental value changes.
FDUSD
0.9996
-0.01%