Binance: FDUSD audit report confirms 1:1 full reserve support Binance stated in its latest announcement that we have taken note of the community's discussions regarding FDUSD and are now providing the latest monthly audit results to help users gain a clearer and more comprehensive understanding of the current status of FDUSD reserves. As part of the ongoing monitoring of stablecoin reserves, Binance conducts monthly reviews and verifications of FDUSD reserve data. We have completed the verification when its latest audit report for February was released and rechecked the relevant data a few hours ago to confirm its accuracy. The February audit report of FDUSD was commissioned by its issuer FD121 Limited and issued by an independent third-party auditing firm, Prescient Assurance. As of the record time of the report, namely 9:00 a.m. on March 1, 2025 (Eastern Eight District Time), the total reserves of FDUSD were 2051348188.70 dollars, all in the form of US treasury bond bonds and overnight fixed deposits. The reserve size is higher than the total circulation of FDUSD at the time of audit, ensuring that holders can redeem US dollars at a 1:1 ratio. The March audit report of FDUSD is expected to be released in the next two weeks, and Binance will continue to conduct in-depth review and verification of its reserve situation.