proofofreserve

Binance Still Leads Exchange Reserves as September PoR Lands

Binance has refreshed its September Proof of Reserves, showing $154.3B in total reserves, the largest among major exchanges.

Compared with our August Monthly Exchange Report, Binance’s BTC holdings rose 25,155 BTC (+3.8%) to 683,448 BTC. Stablecoin reserves were broadly flat at $44.72B, with USDC up $1.03B and USDT down $861M.
#BinanceProofOfReserves #proofofreserve
$BTC $USDC $USDT

CIRCLES $CIRBTC IS LIVE ON ETHEREUM — BUT ONLY 40 TOKENS EXIST? 🤯

Circle's cirBTC quietly went live on Ethereum back in June, yet its footprint is microscopic. Fewer than 40 tokens are circulating, spread across just 11 holding addresses, with minting strictly gated for institutional players via Circle Mint. This is not the retail on-ramp you might expect. 🏦

The reserve mechanics, however, are refreshingly transparent. Chainlink's Proof of Reserve runs on-chain, replacing stale monthly attestations with continuous verification. Latest data shows 42.5 BTC backing roughly 40 cirBTC — fully collateralized, with public addresses for anyone to audit. 🔗

But context is brutal. WBTC carries ~116,000 tokens with a $7.36B market cap; cbBTC sits near 97,000 with $6.16B. cirBTC hasn't even established a tradable price. Circle calls it "neutral" — but is a centralized issuer's wrapped asset ever truly neutral? 🧐

⚠️ Not financial advice. Always manage your risk. 🛡️

🏷️ $BTC #CIRBTC #WBTC #TokenizedBTC #ProofOfReserve

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Wyoming FRNT stablecoin (navy/gold seal style)
A US state just became the first public entity with verified on-chain proof of reserves — migrated to Chainlink CCIP + Proof of Reserve, exceeding GENIUS Act requirements. A new transparency bar.
#Stablecoin #Wyoming #Chainlink #ProofOfReserve #BinanceSquare

PROOF OF RESERVES SHOW $BTC RESERVE ABOVE 100% 🚀

Huobi HTX’s latest Proof of Reserves confirms that reserve ratios for major assets remain above 100%, indicating full backing. The update adds USDS to the USD‑pegged stablecoin aggregation, expanding transparent coverage to an additional $664k. Institutional confidence is reinforced by 43 months of continuous Merkle‑tree disclosures.

The sustained over‑collateralization across $BTC , $ETH $XRP and other tokens suggests robust liquidity on a top‑tier exchange. Continuous PoR reporting may encourage further institutional allocation by reducing custodial risk. Market participants should monitor any shifts in reserve composition, especially as new stablecoins are integrated.

Not financial advice. Manage your risk.

#Crypto #proofofreserve #Institutiona #Liquidity #Stablecoins

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