Binance Revealed the Status of Its Bitcoin and 33 Altcoins: There is an Attention-Grabbing Point! - Coin Bulletin

robot
Abstract generation in progress

The world's largest cryptocurrency exchange Binance has shared the 30th report of its regular Proof of Reserves – PoR to protect user assets. (

According to the latest report published by Binance on May 1, 2025, while users have seen a decline in Bitcoin )BTC( and Ethereum )ETH( assets, there has been a significant increase in the amount of Tether )USDT(.

)# The decline in Bitcoin and Ethereum has drawn attention

According to the report, users' Bitcoin holdings decreased by 1.35% compared to last month, reaching 604,411 BTC. Ethereum holdings also followed a similar trend, showing a decrease of 3.36%, and fell to a total of 5,281,000 ETH.

On the other hand, a 2.61% increase in users' Tether balances caught attention. Binance users' USDT assets have risen to a total of 29 billion 59 million dollars. This situation indicates that investors continue to turn to stablecoins to protect themselves from market uncertainties.

It can be said that the declines in major cryptocurrencies such as Bitcoin and Ethereum indicate that investors' risk appetite has decreased in an environment of market volatility and uncertainty. The fact that investors are turning to stablecoins such as Tether ###USDT(, which they see as a safe haven, is an indication that the market is adopting a more defensive strategy.

)# Demand for stablecoins continues to increase

The report clearly shows that there is continued strong demand for stablecoins. Binance Coin ###BNB( user balances have reached a total of 39 million 244 thousand BNB with a collateral ratio of %112.45. USDC provides security with a reserve significantly above user balances at a collateral ratio of %152.19.

Among the other important coins listed in the report are popular altcoins such as Solana )SOL(, FDUSD, XRP, Dogecoin )DOGE(, and Polkadot )DOT(. The fact that the reserve ratios of all these assets are above 100% strengthens Binance's commitment to security and transparency for its users.

The complete list of assets held for Binance users is as follows:

  1. Ethereum )ETH(
  2. Tether )USDT(
  3. Binance Coin )BNB(
  4. Solana )SOL(
  5. FDUSD
  6. XRP
  7. TrueUSD )TUSD(
  8. Dogecoin )DOGE(
  9. Polygon )POL(
  10. Polkadot )DOT(
  11. Chainlink )LINK(
  12. Shiba Inu )SHIB(
  13. Arbitrum )ARB(
  14. Litecoin )LTC(
  15. Optimism )OP(
  16. Chiliz )CHZ(
  17. Uniswap )UNI(
  18. Aptos )APT(
  19. The Graph )GRT(
  20. SSV Network )SSV(
  21. Chromia )CHR(
  22. Enjin Coin )ENJ(
  23. 1inch )1INCH(
  24. Curve )CRV(
  25. Mask Network )MASK(
  26. Hashflow )HFT(
  27. Binance USD )BUSD(
  28. Bome
  29. Hedera )HBAR(
  30. Pepe )PEPE(
  31. Sui )SUI(
  32. Trump )TRUMP(
  33. Dogwifcoin )WIF(

This report reveals that Binance continues to strongly protect its users' funds despite the market conditions.

You can buy and sell many altcoins whose reserves Binance has disclosed using Binance TR.

BTC-0.89%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)