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Dear Users:

We have noticed community discussions regarding FDUSD and are providing the latest monthly audit status to help users gain a clearer and more comprehensive understanding of the current state of FDUSD reserves.

As part of the ongoing monitoring of stablecoin reserves, Binance reviews the reserve data for FDUSD monthly. We completed the verification during the release of its latest audit report in February and re-examined 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 the independent third-party auditing firm Prescient Assurance. As of report recording time, 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 securities and overnight term deposits. This reserve size exceeds the total circulating FDUSD at the time of the audit, ensuring that holders can redeem USD at a 1:1 ratio.

The March audit report for FDUSD is expected to be released in the next two weeks, and Binance will continue to conduct in-depth reviews and verifications of its reserves.

We always adhere to the principle of 'openness and transparency' and will continue to provide timely information updates. Should there be any new developments, we will announce them through official channels. For current and historical reserve information 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