$FDUSD : Struggling to Keep Its Cool 🌡️

While the top stablecoins like USDT, $USDC , and DAI are chilling like a cucumber, 🥒 FDUSD seems to be having a bit of a meltdown. 💥

Despite being the 4th largest stablecoin by market cap and enjoying massive support from #Binance , FDUSD just can't seem to hold onto its 1:1 peg with the US dollar. 💸 🌧

Why is this happening? 🤔 Could it be the collateral behind #FDUSD ? Maybe it's the redemption process? Or perhaps there's something else at play?

Let's discuss! Share your thoughts on why FDUSD is struggling to stay stable. 🧐 DYOR! #Stablecoins