Binance Shares Latest Reserve Figures for Bitcoin, Ethereum, and Altcoins
Binance, a leading global cryptocurrency exchange, has updated its Proof of Reserves (PoR) page, providing a fresh look at the reserve status of user assets. The exchange confirmed that all user balances on the platform are backed at a 1:1 ratio, with reserve ratios exceeding 100% for numerous assets.
The report includes major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), USDT, BNB, Solana (SOL), USDC, XRP, and several altcoins. According to the latest figures, Binance’s reserve ratios remained above 100% for all listed assets, including BTC (100.35%), ETH (100.00%), USDT (103.88%), BNB (100.47%), SOL (100.00%), USDC (108.26%), and XRP (100.77%).
The report also revealed changes in user holdings. Bitcoin reserves increased to approximately 691,003 BTC, while Ethereum holdings decreased to 33.7 million ETH. Additionally, users’ USDT holdings saw a slight rise, reaching around 33.27 billion USDT.
Binance’s commitment to transparency through regular updates of its Proof of Reserves aims to reassure users about the security and backing of their assets on the platform.