FDUSD de-anchoring intensifies, falling below 0.95 USDT

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On April 2, according to market data, the FDUSD de-pegging situation has intensified, currently trading at 0.9499 USDT.

Previously, Justin Sun posted on social media stating that First Digital Trust (FDT), the issuer of FDUSD, has essentially gone bankrupt and is unable to fulfill its customer fund redemption obligations. He strongly recommends that users take immediate action to protect their assets.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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