OKX Publishes 34th Proof of Reserves Report, Showing Strong Asset Backing for 22 Cryptocurrencies

Cryptocurrency exchange OKX has released its 34th Proof of Reserves report, further demonstrating transparency and strong asset backing for its users. The report shows that the reserve ratio of 22 crypto assets listed on the platform exceeds 100% across the board. Notably, Bitcoin (BTC) stands at 106%, Ethereum (ETH) at 104%, Tether (USDT) at 105%, and USD Coin (USDC) at 100%. Combined, these assets represent a total value of $33.7 billion. 🤯