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

Odaily News According to a report independently audited by Prescient Assurance LLC, as of February 28, 2025, 21:00 ET (March 1, 2025, 9:00 HKT) FDUSD circulating supply: 2,041,924,819.94 coins, total reserve assets corresponding to FDUSD: 2,051,348,188.70 dollars, the composition of its reserve assets includes: (1) Total holdings of U.S. Treasury Bills: 1,733,452,142.60 USD (approximately 84.5%) (2) Overnight Reverse Repo Agreements Position: 33,000,000.00 USD (approximately 1.6%) (3) Fixed Deposits holdings: 145,880,000.00 USD (approximately 7.1%) (4) Cash deposit (Cash in U.S. Dollars) account cash balance: 139,016,046.10 USD (approximately 6.8%)