Binance customer service stated, "FDUSD is eligible for a 1:1 redemption."

BlockBeats News, April 3rd, according to community reports, Binance's official customer service Sisi relayed a message from Binance co-founder He Yi in the community stating that "FDUSD can be redeemed 1:1."

Correction/Report

RelatedRecommended

FDUSD Depegging Crisis: Justin Sun Accuses FDT of $456M Fraud, the Latter Denies Insolvency

Binance's stance is that this is a lawsuit between Justin Sun and TUSD, not FDUSD; Binance's FDUSD can be redeemed 1:1

TUSD VS FDUSD, who will be Binance’s new “royal” stablecoin?

What is the background of Binance's newly launched FDUSD stablecoin?

New player enters the stablecoin race, backed by Binance once again.

Decoding Binance’s new coin mining: Which one has a higher yield, BNB or FDUSD?

This week in review | Worldcoin unveils token economics; Binance launches new stablecoin FDUSD.

This week's industry news: EraLend, a zkSync-based lending protocol, was attacked; Flashbots raised $60 million at a $1 billion valuation; BitForest assisted the police in capturing a criminal gang involved in stealing private keys from KTV.

On-Chain Activity