Binance Releases Proof of Reserves Report: 100% Collateralization Confirmed

Binance has published its May 2025 Proof of Reserves report, reaffirming the exchange’s commitment to full customer asset backing across major cryptocurrencies. The latest update reveals over 100% collateralization for Bitcoin, Tether (USDT), and Ethereum users. The report provides detailed reserve data on 37 digital assets, highlighting Binance’s robust holdings: 616,886.378 BTC represent 102.06% of user balances, while Tether reserves remain above the customer level by over 600 million USDT. Similarly, Ethereum (ETH), Solana (SOL), and Ripple (XRP) reserves show over-collateralization, with Binance holding significantly more than user deposits.