Binance Revealed How Many Altcoins It Holds! It Even Created Additional Reserves for Some of Them

Cryptocurrency exchange Binance released a new version of its monthly “Proof of Reserves” report, aimed at demonstrating that user assets are backed on a one-to-one basis.

The report includes user balances, blockchain wallet assets, and reserve ratios for Bitcoin, Ethereum, stablecoins, and many major altcoins.

According to the published data, Binance maintains reserve ratios above 100% for Bitcoin and altcoins. Particularly notable are the high reserve ratios for First Digital USD, World Liberty Financial, and PancakeSwap.

Among stablecoins, USD Coin had a reserve ratio of 106.66%, while First Digital USD showed 107.15%.

According to Binance Proof of Reserves Data, Net Account Balances and Reserve Coverage Ratios for Altcoins Are as Follows

Bitcoin — 606.7K BTC / 100.22%

Ethereum — 3.76M ETH / 100.00%

Tether — 34.76B USDT / 104.27%

BNB — 43.34M BNB / 101.68%

Solana — 25.72M SOL / 100.00%

USD Coin — 9.24B USDC / 106.66%

USD1 — 3.64B USD1 / 100.77%

XRP — 2.60B XRP / 101.02%

Dogecoin — 16.61B DOGE / 101.00%

Uniswap — 635M UNI / 100.23%

Chainlink — 65.90M LINK / 100.12%

PAX Gold — 122.9K PAXG / 100.00%

Sui — 424.7M SUI / 100.74%

Litecoin — 6.38M LTC / 100.64%

Pepe — 89.76T PEPE / 100.20%

First Digital USD — 341.2M FDUSD / 107.15%

Ethena USDe — 334.7M USDE / 101.18%

Shiba Inu — 53.54T SHIB / 100.17%

Aster — 418.5M ASTER / 100.01%

Bitcoin Cash — 555.5K BCH / 100.41%

Hedera — 2.57B HBAR / 100.47%

NEAR Protocol — 157.5M NEAR / 101.75%

Uniswap — 60.92M UNI / 100.00%

PancakeSwap — 113.1M CAKE / 109.13%

Aave — 1.71M AAVE / 100.00%

Polkadot — 124.1M DOT / 102.36%

Official Trump — 51.27M TRUMP / 100.00%

Ethena — 1.11B ENA / 101.21%

Arbitrum — 884.5M ARB / 100.20%

World Liberty Financial — 1.63B WLFI / 109.98%

POL — 918.2M POL / 102.54%

Chiliz — 2.03B CHZ / 100.31%

See also: "Kraken Launches Spot Margin Trading in the US With Leverage of Up to 10x"

#Reserve #Binance #Altcoins

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