First Digital's February Reserve Account Report Shows Total Reserve Assets of Over $2.05 Billion
Odaily Planet - First Digital's February Reserve Account Report shows that First Digital has total reserve assets of $2,051,348,188.70, with 2,041,924,819.94 FDUSDs issued (in circulation), and more than 100 per cent of its reserve assets covered by FDUSDs in issue, in line with the 1:1 The reserve assets cover more than 100 per cent of the issued FDUSD, meeting the 1:1 reserve requirement.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
JPMorgan raises target prices for Target and Walmart
Orient Precision Industries Holds Extraordinary Shareholders Meeting
Citi optimistic about international oil companies: low-cost resource reserves being rebuilt may drive energy sector to reverse a decade-long valuation discount
With oil prices in the mid-$70s range, Citi believes that global international oil companies (IOCs) can deliver a free cash flow yield of 7% to 8%, and achieve a real growth rate of 4% to 5% over a period of time.
Crypto prices
More
