Home > Quick > Body

FDUSD released an audit report in February: reserve assets exceeded 100%, supporting 1:1 exchange

clock
2025-04-02 17:04:08
According to the report previously independently audited by Prescient Assurance LLC, as of 21:00 ET on February 28, 2025 (9:00 HKT on March 1, 2025)
FDUSD in circulation: 2,041,924,819.94, FDUSD corresponding to total reserve assets: 2,051,348,188.70 US dollars, the composition of its reserve assets includes:
(1) Total holdings of U.S. Treasury Bills: $1,733,452,142.60 (approximately 84.5%);
(2) Overnight Reverse Repo Agreements: USD 33,000,000.00 (approximately 1.6%);
(3) Time deposit (Fixed Deposits) position: USD 145,880,000.00 (approximately 7.1%);
(4) Cash balance in U.S. Dollars account: $139,016,046.10 (approximately 6.8%).
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.