CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
BitcoinSistemi 2025-04-02 22:09:07

BREAKING: Binance Makes First Official Statement on FDUSD Drop

Binance has released its first official statement following the recent surge in the FDUSD stablecoin, which saw its price drop to as low as $0.87. The exchange informed users that FDUSD maintains full 1:1 reserve support and provided details from its latest attestation report. In the statement, Binance acknowledged concerns regarding FDUSD and reiterated its commitment to transparency regarding the stablecoin’s reserves. The exchange conducts monthly reviews and verifications of FDUSD’s reserve data, with the latest attestation confirming that reserves exceed the total circulating supply. According to Binance, the February attestation report was conducted by independent auditing firm Prescient Assurance on behalf of FD121 Limited, the issuer of FDUSD. As of March 1, 2025, the total reserves held in US Treasury bonds and overnight fixed deposits were $2,051,348,188.70. According to Binance, this amount was confirmed to exceed the total supply of FDUSD at the time of the audit, confirming that the stablecoin is redeemable 1:1 with the US dollar. Related News: Whales Close Longs Except for Two Altcoins, Analytics Company Says Is Altcoin Season Coming, Analysts Answer Binance also told users that it has conducted additional internal checks and reconfirmed the accuracy of data in response to recent market volatility. The exchange announced that it will conduct in-depth reviews for its March attestation report, which is expected to be released in the next two weeks. However, as Bitcoinsistemi.com, we would like to remind you that all cryptocurrencies, including stablecoins, are always high risk and all deposited money, including the principal, may be lost. *This is not investment advice. Continue Reading: BREAKING: Binance Makes First Official Statement on FDUSD Drop

阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约