No Summary provided as the original text is short
- Proof of Reserves: A verification process where a crypto exchange proves it holds sufficient assets to cover all user balances.
- USDT (Tether): A stablecoin pegged to the U.S. dollar, commonly used for trading and transferring value in crypto markets.
- BTC Holdings: The total amount of Bitcoin maintained by an exchange or institution, representing user asset balances held in custody.