USDF
FTH TRADING
Back Office
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Treasury

Reserve positions, outstanding supply, and operational activity. Data sourced from bank feeds and on-chain verification.

Last reconciled: Apr 9, 08:09
Reserve Backing — Fully Verified
107.4% Coverage Ratio
Reserves exceed circulating supply by +350,000.00 (+7.4%). Fully backed.
Circulating Supply
$4,750,000.00
Verified Reserves
$5,100,000.00
Surplus / (Deficit)
+350,000.00
Reserve Custodians
Target banking integrations — wire feeds pending live connectivity
View
Texas Capital Bank
Primary Reserve · Acct ****4821 · FTH Trading LLC
Verified Apr 9, 06:21
$3,200,000.00
Verified
Fidelity Institutional
T-Bill Holdings · Acct ****7703 · FTH Trading LLC
Verified Apr 9, 02:21
$1,600,000.00
Verified
JP Morgan Chase
Operational Reserve · Acct ****2290 · FTH Trading LLC
Verified Apr 9, 07:21
$300,000.00
Verified
Total Verified Reserves$5,100,000.00
Today's Operations
Issued (executed)$500,000.00
Redeemed (executed)$125,000.00
Net Supply Change+$375,000.00
Pending Issuance (on hold)$2,350,000.00
Reserve Snapshot
Captured Apr 9, 08:09
Total Reserves$5,100,000.00
Total Issued Tokens$4,750,000.00 USDF
Reserve Ratio107.4%
Snapshot MethodAUTOMATED
Data SourcesBank Feed + Custody API
Integrity hash: sha256:a3f9c2...d14e8b
Bank Connectivity
Texas Capital Bank
Primary reserve custodian — target integration
PENDING
Fidelity Institutional
T-Bill custody — target integration
PENDING
JP Morgan Chase
Operational reserve — target integration
PENDING

Live wire-feed integration with Texas Capital Bank is in final contracting. Reserve balances are currently manually verified and attested.