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Binance Verifies FDUSD Reserves After Their Temporary Loss of Value

Binance completed an audit that proved that the FDUSD reserves exceeded the circulating amount of the stablecoin.The brief detaching of FDUSD from USD occurred...

Binance-Backed FDUSD Stablecoin Falls Below Peg After Justin Sun Alleges Issuer Insolvency

Binance-backed stablecoin drops to $0.95 after Justin Sun claims issuer insolvency.  Court docs allege First Digital Trust diverted TUSD funds, requiring Sun’s $456M bailout.  FDUSD struggles...

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