First Digital Labs Defends FDUSD Backing Amid Fraud Allegations from Justin Sun
First Digital Labs has released a fresh attestation report to reaffirm the full backing of its stablecoin, FDUSD, following high-profile fraud allegations levelled by Tron founder Justin Sun. The report made public on April 14 states that the entire circulating supply of FDUSD—amounting to 2.58 billion tokens—is fully backed by ...