FDUSD released an audit report in February: reserve assets exceed 100%, supporting 1:1 redemption
Editor
2025-04-03 02:02 2,271
Share to:
Golden Finance reported that according to a report previously independently audited by Prescient Assurance LLC, as of 28 February 2025, 21:00 ET (9:00 HKT on March 1, 2025)
FDUSD circulation: 2,041,924,819.94 pieces, and the total amount of FDUSD corresponding reserve assets: US$2,051,348,188.70, and its reserve assets include:
(1) Total holdings of U.S. Treasury Bills: US$1,733,452,142.60 (accounting for approximately 84.5%);
(2) Overnight Reverse Repo Agreements: US$33,000,000.00 (accounting for approximately 1.6%);
(3) Fixed Deposits: US$145,880,000.00 (accounting for approximately 7.1%);
(4) Cash deposit (Cash in U.S. Dollars) account cash balance: US$139,016,046.10 (accounting for approximately 6.8%).