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First Digital: The first batch of redemptions since FUD has been processed and will continue to process redemption requests in a timely manner."

Internet reports that FDUSD issuer First Digital issued a document saying that the first several redemptions since FUD have been processed. FDUSD remains fully supported at a 1:1 ratio, its redemption channel is running smoothly, and will continue to process all redemption requests in a timely manner.

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