fdusd stablecoin depegged，引起了对香港监管框架的担忧

FDT是FDUSD Stablecoin背后的发行人，据报道，面临破产，并停止了客户基金赎回，引发了重大关注

First Digital Trust (FDT), the issuer of the FDUSD stablecoin, is reportedly facing insolvency and has halted client fund redemptions, according to a report by the Korea Economic Daily. The development comes as the cryptocurrency industry grapples with increasing instability in the stablecoin sector.

根据《韩国经济日报》的一份报告，FDUSD Stablecoin的发行人First Digital Trust（FDT）正面临破产，并停止了客户基金的赎回。该发展是随着加密货币行业与Stablecoin部门不稳定的努力陷入困境。

The report claims that FDT, a company registered in Hong Kong, has become insolvent and is unable to process requests for the withdrawal of client funds. The report also noted that the company is currently handling requests for the return of user assets.

该报告声称，在香港注册的公司FDT已经破产，无法处理撤回客户资金的请求。该报告还指出，该公司目前正在处理返回用户资产的请求。

However, FDT’s inability to meet these requests and the broader financial distress faced by the company have raised significant concerns about potential vulnerabilities within Hong Kong’s financial trust framework and its broader regulatory infrastructure.

但是，FDT无法满足这些要求以及该公司面临的更广泛的财务困扰引起了人们对香港财务信托框架内潜在脆弱性及其更广泛的监管基础设施的重大关注。

These issues arise as the FDUSD stablecoin, which is marketed with promises of transparency and security, has seen its price drop to $0.9700 on Binance. The token has recovered slightly to trade at $0.9900 at the time of writing.

这些问题出现在以透明度和安全性的承诺销售的FDUSD Stablecoin上，其价格下跌至二元为0.9700美元。在撰写本文时，代币的交易略有销售额为0.9900美元。

A recent 4-hour trading window on Binance saw a massive sell-off in the token, with volumes of over 287 million tokens sold in the period. The token has also persistently traded below its peg, showing minor depreciation over multiple timeframes (7 to 365 days).

最近一个4小时的交易窗口在代币中出售了大量售罄，此期间售出了超过2.87亿个令牌。令牌还持续交易的钉子以下，显示了多个时间表（7至365天）的微小折旧。

FDUSD is currently trading at $0.964870, showing a daily decline of 3.35% and a 24-hour volume over $7 billion. The token’s price activity and volume are crucial as it is marketed on promises of stability.

FDUSD目前的交易价格为0.964870美元，显示每日下降3.35％，数量超过70亿美元。代币的价格活动和数量至关重要，因为它是根据稳定的承诺而销售的。

Earlier reports noted that Tron founder Justin Sun stepped in to stabilize TrueUSD (TUSD) after $456 million in its reserves were temporarily inaccessible. While TUSD and FDUSD are distinct entities, both have seen promotion within similar crypto circles, including connections to Binance leadership.

较早的报道指出，Tron创始人Justin Sun介入了4.56亿美元的储备后，稳定了Trueusd（TUSD）。尽管TUSD和FDUSD是不同的实体，但两者都看到了类似的加密货币界的晋升，包括与Binance领导力的联系。

These issues add another layer of complexity as interdependency between these stablecoins could increase systemic risk.

这些问题增加了另一层复杂性，因为这些稳定菌之间的相互依赖性可能会增加系统性风险。

First Digital Trust (FDT) is effectively insolvent and unable to fulfill client fund redemptions. I strongly recommend that users take immediate action to secure their assets.

First Digital Trust（FDT）有效偿债，无法实现客户基金的赎回。我强烈建议用户立即采取行动以确保其资产。

There are significant loopholes in both the trust licensing process in Hong Kong and the internal risk management practices that have led to the current situation with FDT. These failures by the company and the lack of response from the authorities have raised serious questions about the effectiveness of existing oversight mechanisms.

香港的信任许可过程和内部风险管理实践都有重大漏洞，这导致了FDT的当前状况。公司的这些失败以及当局缺乏反应引发了有关现有监督机制有效性的严重问题。

Left unaddressed, such lapses could erode confidence in Hong Kong’s financial integrity and tarnish its reputation as a global financial hub. The lack of official intervention thus far has also fueled public frustration.

遗嘱未解决，这种失误可能会侵蚀对香港财务完整性的信心，并破坏其作为全球金融中心的声誉。迄今为止，缺乏官方干预也引起了公众的挫败感。

At present, the official website of First Digital Trust is still accessible, and the company's social media channels remain active. However, email correspondence with the company has not yet elicited a response.

目前，仍然可以访问First Digital Trust的官方网站，并且该公司的社交媒体渠道保持活跃。但是，与公司的电子邮件通信尚未引起回应。

A press conference is scheduled for tomorrow at 2 PM HKT, where officials from the Hong Kong Monetary Authority (HKMA) and the banking regulator are expected to provide further clarification on the matter.

计划于明天下午2点举行新闻发布会，预计香港货币管理局（HKMA）和银行监管机构的官员有望进一步澄清此事。