
Binance’s December proof of reserves confirms holdings of BTC, USDT, ETH, and BNB fully cover customer liabilities, reflecting strong asset backing and operational transparency.
Binance released its December proof of reserves, showing all major assets exceeding 100% reserve ratios. BTC reserve ratio stood at 102.11%, USDT at 109.16%, ETH at 100%, BNB at 112.32%, and USDC at 137.7%. These figures confirm that Binance fully backs user assets, with certain reserves strongly surpassing liabilities.