Binance has released its 38th Proof of Reserves (PoR) report, revealing the updated status of user assets on the platform. The official document indicates that customer Bitcoin holdings were verified at approximately 618,000 BTC, representing a 1.41% increase compared to the previous period. With a coverage ratio of 100.06%, the exchange demonstrates that it maintains all user assets under full collateralization, combining funds in direct wallets and third-party custody services.
The Binance 2026 reserves report highlights significant growth in other key assets. For instance, Ethereum (ETH) holdings rose to 4.17 million, an 8.55% increase, while USDT stablecoin reserves grew by 2.86%, reaching 38.2 billion units with a coverage ratio of 101.69%. These figures showcase the platform’s robust liquidity during a time of high crypto market activity, providing a necessary layer of trust following the volatility experienced at the end of last year.
The transparency of the Binance 2026 reserves report, backed by Merkle Tree and zk-SNARKs technology, will be fundamental in evaluating the stability of the CeFi ecosystem. The key for the industry will be to observe whether this transparency standard motivates other exchanges to improve their public auditing mechanisms.
Source:https://www.binance.com/en/proof-of-reserves
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