Binance Reveals Over 100% Backed Assets for Major Crypto Tokens

Binance recently published its May 2025 proof of reserves report, demonstrating a consistent record of over 100% backing for major crypto tokens. The report highlights the exchange’s robust reserves across various crypto assets, including Bitcoin, USDT and Ethereum. 616,886.378 BTC, representing a 102.06% ratio to customer net assets, constitutes a significant portion of Binance’s holdings for Bitcoin. The same principle applies to the exchange’s USDT reserves, exceeding its customer-held assets by almost 600 million USDT. This trend also holds true for Ethereum, Solana and Ripple, where Binance maintains reserves well above the 1:1 ratio.