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

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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%).
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