en.bitcoinsistemi.com
Binance, the world’s largest cryptocurrency exchange, has released its 39th Proof of Reserves report for February.
According to the report, the stock exchange’s reserve ratios remained above 100% for all major assets.
“$BTC rate: 100.05%
$ETH rate: 100.00%
$USDT rate: 105.09%
$BNB rate: 101.14%
USDC rate: 107.35%
$FDUSD rate: 107.6%
XRP rate: 101.01%”
High collateral ratios were also noted in some other assets. For example, POL showed a reserve surplus of 104.28%, $BUSD 148.91%, $FORM 107.55%, and $WLFI 113.37%.
Apart from Bitcoin ($BTC), the report includes $USDT, Ethereum ($ETH), $BNB, Solana (SOL), $FDUSD, 1INCH, CRV, MASK, HFT, $BUSD, AAVE, ASTER, BCH, BOME, ENA, $FORM, Hedera (HBAR), NEAR, PENDLE, Pepecoin (PEPE), RLUSD, S, SUI, TRUMP, U, USD1, USDE, WIF and $WLFI were featured.
After it was revealed that FTX, a once-popular cryptocurrency exchange, had used user assets for high-risk investments, many major cryptocurrency exchanges began sharing proof-of-reserve documents.
*This is not investment advice.