FTH TRADING
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XRPL mainnet
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Treasury & Reserves
Reserve Verification
Verified USD assets backing the USDF supply. Updated continuously.
Reserve Coverage
107%
Fully backed — reserves exceed supply
Circulating USDF
$4,750,000.00
Verified Reserves
$5,100,000.00
Net Surplus / (Deficit)
+350,000.00
Last reconciliation: 4/9/2026
Reserve Breakdown
As of 4/9/2026| Custodian | Category | Legal Entity | Account | Verified Amount | Last Verified | Status |
|---|---|---|---|---|---|---|
Texas Capital Bank | Primary Reserve | FTH Trading LLC | ****4821 | $3,200,000.00 | 4/9/2026 | Verified |
Fidelity Institutional | T-Bill Holdings | FTH Trading LLC | ****7703 | $1,600,000.00 | 4/9/2026 | Verified |
JP Morgan Chase | Operational Reserve | FTH Trading LLC | ****2290 | $300,000.00 | 4/9/2026 | Verified |
| Total Verified Reserves | $5,100,000.00 | automated · Bank Feed + Custody API | ||||
Reconciliation Status
Automated checks run every 15 minutes.
Circulating Supply vs Reserve
Reserves exceed supply by $350,000 (7.4%)
Texas Capital Bank Feed
$3,200,000 confirmed at 04:15 UTC
Fidelity Custody Feed
$1,600,000 T-Bills confirmed at 02:00 UTC
JP Morgan Operational Reserve
$300,000 confirmed at 05:30 UTC
XRPL Supply Count
4,750,000 USDF verified on ledger
Burn/Mint Ledger Reconciliation
All burn and mint events balanced
Pending Issuance Hold
3 pending requests within pre-approved limits
Exception Queue
1 open exception — payout retry pending (no supply impact)
Snapshot Metadata
Snapshot IDsnap-001
Methodautomated
Data SourceBank Feed + Custody API
Reserve Ratio107.4%
Verification Hashsha256:a3f9c2...d14e8b