{"id":39529,"date":"2025-05-08T11:36:54","date_gmt":"2025-05-08T11:36:54","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/05\/08\/binance-reserve-data-reveals-btc-eth-and-usdt-holdings-surpass-customer-assets\/"},"modified":"2025-05-08T11:36:54","modified_gmt":"2025-05-08T11:36:54","slug":"binance-reserve-data-reveals-btc-eth-and-usdt-holdings-surpass-customer-assets","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/05\/08\/binance-reserve-data-reveals-btc-eth-and-usdt-holdings-surpass-customer-assets\/","title":{"rendered":"Binance reserve data reveals BTC, ETH, and USDT holdings surpass customer assets"},"content":{"rendered":"
<\/div>\n

Binance has published its latest proof-of-reserves data<\/a>, confirming that the exchange continues to hold more digital assets than its customers across a majority of supported tokens. <\/p>\n

The report, released on 8 May, covers 37 crypto assets and highlights that Binance currently controls 616,886.378 Bitcoin (BTC), compared to customer net assets of 604,886.378 BTC. <\/p>\n

This represents a 102.06% backing ratio, or a surplus of around 12,000 BTC.<\/p>\n

The findings are part of Binance\u2019s ongoing transparency efforts following the collapse of FTX in 2022. <\/p>\n

Proof-of-reserves data is intended to provide reassurance to users that their deposits are fully backed on-chain and can be withdrawn at any time.<\/p>\n

USDT and USDC reserves show strong surpluses<\/h2>\n

The exchange\u2019s Tether (USDT) reserves also exceed user balances. <\/p>\n

Binance holds more than 29.6 billion USDT, compared to a customer balance that is roughly 600 million USDT lower, giving a coverage ratio of 102.07%.<\/p>\n

USD Coin (USDC) reserves are similarly well-backed. <\/p>\n

Binance holds over 8.6 billion USDC, while customer assets amount to 5.6 billion. This equates to a coverage ratio of 152.19%, or a reserve surplus of around 3 billion USDC.<\/p>\n

The higher ratio signals an ample liquidity buffer for redemptions in stablecoins.<\/p>\n

In addition, Binance\u2019s First Digital USD (FDUSD) holdings amount to 107.84% of customer balances. <\/p>\n

That translates to more than 82 million FDUSD held in excess of the platform\u2019s client obligations.<\/p>\n

Ethereum, Solana, and XRP reserves remain above parity<\/h2>\n

Other major tokens also show reserves exceeding customer assets. <\/p>\n

Binance currently controls 5,289,954 Ethereum (ETH), surpassing customer net balances by over 8,000 ETH, resulting in a 100.15% coverage ratio.<\/p>\n

Solana (SOL) reserves slightly exceed holdings by users, with a surplus of around 2,000 SOL. <\/p>\n

Ripple\u2019s XRP also reflects healthy coverage, with Binance holding approximately 2.6 billion XRP versus user balances that are 76 million XRP lower. <\/p>\n

This gives a reserve-to-asset ratio of 102.99%.<\/p>\n

Among all assets reported, Binance USD (BUSD) shows the highest backing ratio. <\/p>\n

With the exchange holding more than double the BUSD customer balances\u2014amounting to 206.04%\u2014the stablecoin stands out despite its limited usage following the shutdown of Binance\u2019s US market in 2023.<\/p>\n

Binance US resumes USD transfers after long pause<\/h2>\n

The report also coincides with the resumption of USD transactions on Binance\u2019s US platform. <\/p>\n

Services were reopened in February 2025, marking the first time since June 2023 that USD transfers were permitted.<\/p>\n

The pause in services was linked to regulatory action by the US Securities and Exchange Commission, which had forced the platform to suspend support for USD in its American operations.<\/p>\n

Binance\u2019s decision to reintroduce USD functionality indicates a shift in its regulatory engagement and comes at a time when centralised exchanges are under pressure to demonstrate financial transparency. <\/p>\n

The exchange\u2019s ability to show on-chain asset surpluses across key tokens may help reinforce user trust as global regulators scrutinise reserve practices more closely.<\/p>\n

The post Binance reserve data reveals BTC, ETH, and USDT holdings surpass customer assets<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Binance has published its latest proof-of-reserves data, confirming that the exchange continues to hold more digital assets than its customers across a majority of supported tokens. The report, released on 8 May, covers 37 crypto assets and highlights that Binance currently controls 616,886.378 Bitcoin (BTC), compared to customer net assets of 604,886.378 BTC. This represents <\/p>\n","protected":false},"author":1,"featured_media":39530,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-39529","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/39529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=39529"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/39529\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/39530"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=39529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=39529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=39529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}