FDUSD Depegs to $0.87 Following Justin Sun's Lawsuit Against First Digital Trust
Tron founder Justin Sun filed a lawsuit against First Digital Trust (FDT) Monday, alleging insolvency regarding its TUSD stablecoin, causing another FDT product, FDUSD, to temporarily lose its dollar peg and fall to $0.87 despite not being directly implicated in the legal action. What to Know: FDUSD