fdusd de-peggging事件導致短暫的市場動​​盪

穩定幣在加密貨幣生態系統中起著至關重要的作用，為交易者提供可靠的資產，以保持穩定的價值

Stablecoins play a critical role in the cryptocurrency ecosystem, providing traders with a reliable asset that maintains a stable value, typically pegged to the U.S. dollar. However, when a stablecoin deviates significantly from its pegged value, it can lead to market turmoil.

Stablecoins在加密貨幣生態系統中起著至關重要的作用，為交易者提供可靠的資產，該資產保持穩定的價值，通常與美元掛鉤。但是，當穩定幣顯著偏離其固定價值時，可能會導致市場動盪。

Recently, FDUSD, a Binance-backed stablecoin, experienced a substantial de-pegging event, dropping as low as $0.87 before recovering to nearly $1. This unexpected fluctuation caused brief instability in the market, especially for FDUSD’s main trading pair with Bitcoin (BTC). The de-peg was triggered by a controversial statement from TRON founder Justin Sun, who alleged that the stablecoin’s issuer, First Digital Trust, was insolvent.

最近，由Binance支持的Stablecoin Fdusd經歷了一項實質性的De-Peggging活動，在恢復到近1美元之前，下跌低至0.87美元。這種意外的波動導致市場短暫的不穩定，特別是對於FDUSD與比特幣（BTC）的主要交易對。 Tron創始人賈斯汀·孫（Justin Sun）發表有爭議的聲明引發了De-Peg，他聲稱該穩定的發行人第一數字信託基金會無力償債。

As the dust settles, let’s delve into the incident’s aftermath and examine the broader implications for the cryptocurrency domain.

隨著塵埃的沉降，讓我們深入研究事件的後果，並檢查對加密貨幣領域的更廣泛含義。

The De-Pegging Event and Market Reaction

脫木事件和市場反應

On Thursday, an unprecedented crash in the value of FDUSD, the primary source of liquidity for many trading pairs on Binance, saw the stablecoin plummet to $0.95 and, at its worst point, reach $0.87. While this incident did not cause widespread market panic, it did create an arbitrage opportunity for traders, who began buying FDUSD at a discounted rate.

週四，FDUSD的價值是前所未有的崩潰，FDUSD的價值是Binance許多交易對的主要流動性來源，將Stablecoin的流動性下降到0.95美元，在最糟糕的時刻達到0.87美元。儘管這一事件並沒有引起廣泛的市場恐慌，但它確實為交易者創造了套利機會，後者開始以折扣價購買FDUSD。

However, within a few short hours, the stablecoin experienced a remarkable rebound, surging back above the $0.99 mark. This swift recovery came despite the temporary market shock that the de-pegging event induced.

但是，在短短的幾個小時內，Stablecoin經歷了一個顯著的反彈，又高於$ 0.99。儘管發生了暫時的市場衝擊，但這種迅速的恢復卻發生了。

The Role of Binance and FDUSD in Crypto Liquidity

Binance和FDUSD在加密流動性中的作用

It’s important to note that FDUSD, a relatively new stablecoin, is being issued by First Digital Trust specifically to support trading pairs on Binance. Unlike other stablecoins such as USDT and USDC, which are supported by several exchanges, FDUSD's role is deeply tied to Binance's ecosystem.

重要的是要注意，First Digital Trust專門為支持Binance的交易對而發行了相對較新的Stablecoin FDUSD。與其他交易所支持的其他穩定者（例如USDT和USDC）不同，FDUSD的角色與Binance的生態系統有著深遠的關係。

This deep integration makes the stability of FDUSD crucial for liquidity and seamless trading experiences on the platform. The incident also raises questions about how such events can impact the broader crypto market, especially when a stablecoin is so deeply woven into an exchange's trading fabric.

這種深厚的整合使FDUSD對流動性和平台上無縫交易經驗的穩定穩定。該事件還提出了有關此類事件如何影響更廣泛的加密市場的疑問，尤其是當Stablecoin如此深入地編織成交易所的交易結構時。

Justin Sun’s Allegations and the Market Impact

賈斯汀·孫的指控和市場影響

The primary catalyst for FDUSD’s de-pegging was a statement made by Justin Sun, the founder of TRON, on Thursday. Sun, known for his blunt commentary, alleged on social media that First Digital Trust, the issuer of the U.S.-backed stablecoin, was insolvent and unable to honor redemptions.

FDUSD DE-PEGGGING的主要催化劑是Tron的創始人賈斯汀·孫（Justin Sun）週四發表的聲明。 Sun以他的直率評論而聞名，他在社交媒體上聲稱，美國支持的Stablecoin的發行人首先是Digital Trust是無力償債的，無法兌現贖回。

His statement, which quickly went viral, created uncertainty and fear among investors, leading to a massive sell-off of FDUSD. In response to the circulating rumors, First Digital Trust quickly dismissed Sun’s claims as false and damaging.

他的聲明迅速傳播開來，引起了投資者的不確定性和恐懼，導致了FDUSD的大量拋售。為了回應流傳的謠言，第一數字信託很快將Sun的主張視為虛假和破壞性。

The company, which has been approved by the U.S. to issue stablecoins, stated that all issued stablecoins were fully backed by traceable assets such as U.S. Treasury bills. Moreover, First Digital Trust announced plans to pursue legal action against Sun for what they labeled a smear campaign.

該公司已獲得美國批准簽發Stablecoins的公司，他表示，所有已發行的Stablecoins都得到了可追溯的資產（例如美國財政賬單）的支持。此外，第一座數字信託基金宣布了針對Sun採取法律訴訟的計劃，以標記為塗片運動。

Market Recovery and FDUSD’s Return to Peg

市場回收和FDUSD重返PEG

Despite the initial shock and panic, the price of FDUSD quickly recovered, returning to $0.99 and later stabilizing closer to its $1 peg.

儘管最初感到震驚和恐慌，但FDUSD的價格迅速恢復，恢復到0.99美元，後來穩定在其1固定的售價上。

Those who bought the stablecoin during the dip also saw immediate profits as the price of the cryptocurrency shot up. While the incident did cause a stir in the market, it did not cause widespread instability across the crypto market.

那些在DIP期間購買Stablecoin的人也立即獲得了利潤，因為加密貨幣的價格上漲。儘管該事件確實在市場上引起了轟動，但並未在整個加密貨幣市場中引起廣泛的不穩定。

The occurrence highlighted the vulnerability of stablecoins to misinformation and market manipulation.

這種情況強調了穩定菌對錯誤信息和市場操縱的脆弱性。

Lessons from the FDUSD De-Pegging Event

Fdusd De-Peggging活動的課程

The FDUSD de-pegging incident offers valuable insights into the nature of stablecoin markets and the broader cryptocurrency ecosystem.

FDUSD De-Peggging事件為Stablecoin市場和更廣泛的加密貨幣生態系統提供了寶貴的見解。

• Stablecoins are susceptible to rumor and misinformation, which can have significant market implications. In the age of social media, a single statement from a public figure can quickly go viral and influence market sentiment.

•穩定的人容易受到謠言和錯誤信息的影響，這可能會產生重大的市場影響。在社交媒體時代，公眾人物的單一聲明可以迅速流行並影響市場情緒。

• The cryptocurrency market is known for its rapid price movements and the potential for arbitrage opportunities. As the value of FDUSD dropped, traders quickly recognized the discount and began buying the stablecoin in hopes of a quick recovery.

•加密貨幣市場以其快速的價格變動和套利機會的潛力而聞名。隨著FDUSD的價值下降，交易者很快就認識到折扣，並開始購買Stablecoin，以期快速恢復。

•_ The incident underscores the importance of transparency and trust in the cryptocurrency domain. While First Digital Trust has maintained that its stablecoins are fully backed by U.S. Treasury bills, regular audits and open communication will be crucial for maintaining confidence in the company and its products.

•_事件強調了加密貨幣域對透明度和信任的重要性。雖然第一數字信託堅持認為其穩定幣是美國國庫賬單完全支持的，但定期審計和開放式溝通對於保持對公司及其產品的信心至關重要。

Looking Ahead: The Future of FDUSD and Stablecoins

展望未來：FDUSD和Stablecoins的未來

In the wake of this event, FDUSD has successfully returned to its peg, but its credibility has been tested. Moving forward, the stablecoin’s issuer must take proactive steps to reinforce confidence among investors. Increased transparency, such as disclosing the specific U.S. Treasury bills backing the stablecoin and the process for verifying these holdings, will be critical.

在此事件之後，FDUSD成功地返回了釘子，但已測試了其信譽。向前邁進，Stablecoin的發行人必須採取積極的步驟來增強投資者的信心。提高的透明度，例如披露支持穩定股份的特定美國財政法案以及驗證這些持股的過程，這將是至關重要的。

Furthermore, regular audits by independent third parties to validate the issuer’s claims of backing FDUSD with fully traceable assets

此外，獨立第三方的定期審核以驗證發行人對FDUSD的支持，並具有完全可追溯的資產