Binance Proof of Reserves Report Reveals Overcollateralized Holdings
Binance has released its proof of reserves report for August 1, 2026, which shows that Bitcoin and Ethereum holdings fully cover user balances at 100.25%. The report also notes that stablecoins such as USDT, USDC, and USD1 are backed even higher.
The snapshot, verified using advanced cryptographic methods, demonstrates Binance holds more assets on-chain than owed to users, reinforcing trust after past crypto exchange failures.
The report highlights growth in Bitcoin deposits and notes the need to monitor the SOL position, which sits exactly at the minimum collateralization threshold of 100%.