Binance Confirms First Digital USD (FDUSD) Reserves, Countering Insolvency Claims
Binance has addressed the accuracy of the reserve attestation for First Digital USD (FDUSD) after a brief de-pegging incident; in a blog update on April 3rd, Binance said they reviewed FDUSD's reserves two times: once after the February report and again recently. An audit by Prescient Assurance revealed that as ...
