$FDUSD is a USD‑pegged stablecoin trading right around $0.998–$0.999, maintaining its 1:1 dollar value peg with only minor fluctuation. Earlier in 2025 it briefly lost its peg amid insolvency accusations against its issuer, but the team denied those claims and FDUSD largely recovered; the issuer has since moved to strengthen confidence and pursue legal action while expanding integrations across multiple blockchains.
Stablecoins like FDUSD are used for secure, low‑volatility digital payments and DeFi activity, and recent efforts include broader blockchain support and plans by the issuer to go public through a SPAC merger, though timelines and approvals are still pending.
