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FDUSD released an audit report in February stating that its reserve assets exceeded 100% and support 1:1 exchange

金色财经
金色财经|Apr 02, 2025 17:02
According to the report independently audited by Prescient Assurance LLC, as of 21:00 ET on February 28, 2025 (9:00 HKT on March 1, 2025) FDUSD circulation: 2041924819.94 pieces, corresponding to a total reserve asset of 2051348188.70 US dollars. Its reserve asset composition includes: (1) Total position of American treasury bond Bills: 1733452142.60 dollars (84.5%); (2) Overnight Reverse Repo Agreements position: $33000000.00 (approximately 1.6%); (3) Fixed Deposits position: $145880000.00 (approximately 7.1%); (4) Cash in America Dollars account balance: 139016046.10 USD (approximately 6.8%).
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Timeline

May 01, 14:15【Tether releases Q1 2025 audit report】
Apr 28, 14:04【Tether releases XAU's first official audit report】
Apr 28, 13:41【Tether releases XAUT audit report, gold supports over 7.7 tons】
Apr 24, 14:29【Support KiloEx to promote enhanced security measures】
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Apr 17, 12:26【USD1 stablecoin has nearly 90% circulation on the BNB chain】

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