The cryptocurrency exchange #Bybit has published an updated Proof of Reserves (PoR) report, verified by an independent audit from Hacken. The document presents data on 40 different digital assets, each with a reserve coverage of over 100%.
As the company notes, by using transparent PoR verification methods, Bybit demonstrates not just assumptions about solvency but actual confirmation, which is updated regularly. The latest snapshot also shows the dynamics of changes compared to the previous report published on May 23, 2025.
The highest level of reserves was recorded for the stablecoin $USDC — 143%. In second place is the cryptocurrency $XRP with a figure of 137%, significantly higher than the May level of 106%. Analysts attribute this increase to rising interest in the asset amid the launch of the XRP ETF. Total reserves of Ethereum $ETH increased by 6% and amounted to 647,000 ETH, while BTC reserves rose by 1.67%.
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