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Independent Auditors Confirm 1:1 Backing for First Digital’s FDUSD
Hong Kong-based crypto custodian First Digital Labs shared its latest report showing its FDUSD stablecoin remains fully supported by cash or simila...
Apr, 14, 2025
< 1 min read
by CoinEdition
FDUSD Defies FUD with $170M Inflow Against Trend of Major Crypto Outflows
On-chain data reveals most top cryptocurrencies experienced net negative fund flows over the past week, contrasting sharply with inflows seen in lo...
Apr, 07, 2025
< 1 min read
by CoinEdition
Justin Sun’s $500M Bailout of TUSD Exposes Weaknesses in Hong Kong Trust Regulation
Conflicting narratives emerged Thursday regarding TrueUSD (TUSD) reserves as Tron founder Justin Sun confirmed he provided the $500 million loan fo...
Apr, 04, 2025
< 1 min read
by CoinEdition
‘Smear Campaign’: First Digital Responds Forcefully to Justin Sun’s Attacks
First Digital Trust (FDT), the issuer of the FDUSD stablecoin, has come out strongly against Tron founder Justin Sun’s warnings on their stablecoin...
Apr, 03, 2025
< 1 min read
by CoinEdition
FDT Insolvency Buzz, FDUSD Depeg Stoke Fears: Hong Kong Oversight Questioned
First Digital Trust (FDT), the issuer behind the FDUSD stablecoin, reportedly faces insolvency and has halted client fund redemptions, sparking sig...
Apr, 03, 2025
< 1 min read
by CoinEdition