FDUSD has completed the first batch of redemptions, maintaining a 1:1 full backing
ChainCatcher news, according to First Digital officials, in response to recent market FUD, FDUSD has completed the first batch of redemption requests, which can be viewed on-chain with the corresponding burn transactions.
The officials reiterated that FDUSD still maintains a 1:1 full backing, the redemption channel is running smoothly, and all redemption requests will continue to be processed promptly.
Related tags
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
Related tags
Mention the project
