Transparency worth billions: Binance presents its 38th Proof-of-Reserve report

Binance, the world's largest cryptocurrency exchange, continues to adhere to its policy of complete transparency. In its latest Proof-of-Reserve (PoR) report, the platform demonstrated not only stability but also a significant influx of user funds. The data confirms that, despite market volatility in early 2026, trust in centralized exchanges remains high.

Bitcoin Reserves: Growth and Full Backing

According to published data, the volume of Bitcoin (BTC) in Binance user balances reached 618,000 BTC. This is 1.41% (or 8,607 BTC) more than in the previous reporting period.

The storage structure is interesting: of the total 636,914 BTC confirmed on the blockchain, approximately 18,218 BTC are held by professional third-party depositories, while the rest are stored directly in exchange wallets. The BTC coverage ratio is 100.06%, guaranteeing the ability of every client to withdraw funds at any time.

Ethereum and Stablecoins: Investors Go on the Offensive

The Ethereum (ETH) segment has seen a real surge. User holdings grew by an impressive 8.55%, reaching 4.17 million ETH. This increase of over 328,000 coins in a single earnings cycle indicates growing interest in the Ethereum ecosystem and, possibly, traders preparing for new market cycles.

The stablecoin sector is also showing positive dynamics:
USDT: Balances increased by 2.86% (+$1.06 billion), reaching a total of 38.2 billion USDT. Fund coverage is 101.69%.
USDC: The exchange holds $7.58 billion in accounts, of which $50 million is held by custodians. The coverage ratio is 101.49%.

Altcoin Status: SOL, XRP, and BNB

The report sheds light on the popularity of top altcoins, which continue to hold leading positions in user portfolios in 2026:

Solana (SOL): Users hold 26.24 million coins. The collateralization ratio is exactly 100%. This confirms SOL's status as one of the most sought-after assets for active trading.
XRP: Amid positive news about listings on new platforms, the XRP balance on Binance reached 2.45 billion. Including third-party custody, the coverage ratio reached 100.77%.
BNB: The ecosystem's native token is holding at 43.56 million units, with a coverage ratio of 100.87%.

Why is this important for the market?

Binance's 38th reserve audit confirms an important trend: the exchange has moved beyond being a simple exchange and has transformed into a global capital repository. The use of third-party custodians for a portion of Bitcoin and BNB indicates the implementation of institutional security standards.

For the average user, a coverage ratio above 100% is the main indicator that the platform does not use client funds for personal purposes and is capable of withstanding any "banking panic" in the market.