This is a routine announcement, and the products and services mentioned may not be applicable in your region.

Dear Users:

We have noted the community discussions regarding FDUSD and are now providing the latest monthly audit status to help users better understand the current state of FDUSD reserves.

As part of the ongoing monitoring of stablecoin reserves, Binance conducts a monthly review of the FDUSD reserve data. We completed the verification during the release of its latest audit report for February and re-reviewed the relevant data a few hours ago to confirm its accuracy.

The February audit report for FDUSD was commissioned by its issuer, FD121 Limited, and conducted by the independent third-party auditing firm Prescient Assurance. As of the report timestamp, which is 9:00 AM (UTC+8) on March 1, 2025, the total reserves of FDUSD amount to $2,051,348,188.70, all held in the form of U.S. Treasury bonds and overnight term deposits. This reserve amount exceeds the total circulation of FDUSD at the time of the audit, ensuring that holders can redeem dollars at a 1:1 ratio.

The March audit report for FDUSD is expected to be released within the next two weeks, and Binance will continue to conduct a thorough review and verification of its reserves.

We adhere to the principle of 'openness and transparency' and will continue to provide timely information updates. If there are any new developments, we will publish them through official channels such as announcements. To view the current and historical reserve status of FDUSD, please visit the official transparency page provided by First Digital Labs.

Thank you for your continued trust and support.

Binance Team 2025-04-03