Update on Binance's Proof of Reserves as of March 2025.
Binance has published its latest Proof of Reserves (PoR) report for March 2025, reaffirming that all user assets are fully backed.
Details of the March 2025 Report:
Bitcoin (BTC): 108.21%
Ethereum (ETH): 102.68%
Tether (USDT): 108.96%
Binance Coin (BNB): 105.54%
These percentages indicate that Binance holds more assets in reserve than the net balances of users, ensuring the platform's ability to cover all withdrawal requests.
Additionally, Binance's stablecoin reserves have reached a new all-time high, exceeding $31 billion, reflecting the ongoing confidence of users in the platform.
Ongoing Commitment to Transparency
Since the launch of the PoR system in 2022, Binance has expanded its coverage to 34 assets, with reserves exceeding $120 billion. This effort is crucial to maintaining trust in the crypto asset ecosystem.