{"id":2256,"date":"2025-04-03T11:49:38","date_gmt":"2025-04-03T10:49:38","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=2256"},"modified":"2025-04-03T11:49:39","modified_gmt":"2025-04-03T10:49:39","slug":"fdusd-decouples-justin-sun-allegations-crypto-fallout","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/fdusd-decouples-justin-sun-allegations-crypto-fallout\/","title":{"rendered":"FDUSD decouples amid Justin Sun’s allegations. Major fallout in crypto markets !"},"content":{"rendered":"\n

The FDUSD scandal : when stablecoin reliability turns into chaos<\/strong><\/h2>\n\n\n\n

The decentralized world of cryptocurrencies<\/a> recently witnessed an unexpected event: the FDUSD stablecoin<\/strong>, designed to maintain a 1:1 peg with the US dollar, suddenly lost its peg<\/strong> (also known as Depeg). This situation raised concerns among investors and industry players, questioning the reliability of stablecoins.<\/strong><\/p>\n\n\n\n

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It\u2019s evidently the case that First Digital Trust(FDT) is unable to fulfill client fund redemptions and effectively insolvent. However, it continues to operate under the cover of a public trust in Hong Kong despite the major irregularities. There seem to be obvious loopholes in\u2026<\/p>— H.E. Justin Sun \ud83c\udf4c (@justinsuntron) April 2, 2025<\/a><\/blockquote>