First Digital defends FDUSD from Justin Sun’s attacks
First Digital Trust has defended its firm after Justin Sun claimed it had misappropriated the vast majority of TrueUSD reserves.
First Digital Trust has defended its firm after Justin Sun claimed it had misappropriated the vast majority of TrueUSD reserves.
Circle has filed to go public and admits that it is 98% less profitable than Tether despite sharing a similar business model.
Filings reveal that Techteryx, the firm behind TrueUSD, required a loan from Justin Sun after its reserves got stuck in First Digital Trust.
World Liberty Financial has announced USD1, its new stablecoin, without consulting with governance token holders.
Despite excellent political and banking conditions for stablecoins, PayPal’s PYUSD and Ripple’s RLUSD are still less than 1% of the market.