🔥 #Binance announces the latest Proof of Reserve (PoR) data – for the month of August 📊
🔸 BNB: with a reserve ratio of 111.74%
🔸 BTC: with a reserve ratio of 102.96%
🔸 ETH: with a reserve ratio of 100.67%
🔸 USDT: with a reserve ratio of 102.27%
💡 Binance's Proof of Reserve mechanism allows anyone to verify that users' assets are fully backed 1:1, enhancing transparency and trust.