💸 Binance Confirms FDUSD Backing, But Justin Sun Insists on FDT Bankruptcy

#Binance recently confirmed that, after the February audit, #fdusd ’s reserves total $2.05 billion — more than the amount of tokens in circulation. These reserves are securely held in #U.S. . government bonds and fixed deposits, ensuring the stablecoin’s full backing at a 1:1 ratio.#TrumpTariffs

Meanwhile, Justin Sun continues to push the narrative that First Digital Trust is already insolvent. He’s urging everyone to sever ties with the company, claiming that legal action will soon be taken against FDT’s founder, Vincent Chok. It’s all very dramatic, but will the courtroom deliver the final word?#CryptoTariffDrop