Binance confirms FDUSD can be backed by 1:1 reserves

2025-04-03 08:01:58 20 hours ago CoinRank

CONTENT

CoinRank News: Binance officials said that according to a recently completed audit, the stablecoin FDUSD has achieved 1:1 reserve support, which means that each FDUSD is backed by an equivalent amount of US dollar assets.

Original Article Link

WRITER’S INTRO

CoinRank Exclusive brings together primary sources from various fields to provide readers with the most timely and in-depth analysis and coverage. Whether it's blockchain, cryptocurrency, finance, or technology industries, readers can access the most exclusive and comprehensive knowledge.

24/7 NEWSFLASH

5 hours ago

Fitch: The Fed may be more cautious about rate cuts, and US tariff rates will return to 1909 levels

5 hours ago

U.S. stocks post worst performance since September 2022

5 hours ago

Bitwise Launches Three Option Income Strategy ETFs Tracking Strategy, Coinbase, and MARA

5 hours ago

Today, the US Bitcoin ETF has a net inflow of 1,941 BTC, and the Ethereum ETF has a net outflow of 11,195 ETH

5 hours ago

Crypto Fear and Greed Index drops to 25, in extreme panic mode

Copied!