#BinanceHODLerPROVE Binance’s PoR data from May 8 showed reserve ratios for major tokens well above 100%: - BTC: 102.06% (holding ~616,886 BTC vs. ~604,886 BTC in user liabilities)
- USDT: 102.07%; BUSD: a surplus at ~206.04%
- ETH, SOL, XRP, USDC, FDUSD similarly exceeded customer balances
BTC reserve ratio: ~102.51% with 588,385 BTC held vs. 573,997 BTC liabilities
ETH holdings: exactly covering liabilities (5.05 million ETH)
USDT holdings rose by 2.64% to ~29.59 billion, suggesting user preference for stablecoin liquidity 4 billion in BTC, ~3 billion in USDT, ~$700 million in ETH
Despite this, the exchange maintains full coverage of customer assets$BTC