OKX announces the 20th PoR: BTC, ETH, USDC and USDT reserves total value 22.3 billion US dollars

Cryptocurrency exchange OKX announced the 20th Proof of Reserve (PoR) on June 27:

1. The reserve ratios of the 22 public currencies all exceeded 100%.
2. The reserve rates of Bitcoin, Ethereum, USDT, and USDC are 104%, 102%, 107%, and 102% respectively, with a total value of US$22,366,016,810.

OKX is committed to improving the transparency of PoR to traditional financial audit standards and continuously upgrading the PoR system. The reserve ratio has exceeded 100% for 19 consecutive months, and the number of public currencies has increased from 3 to 22.

Under the premise of protecting privacy, users can independently verify OKX’s solvency at any time, and it was rated as representing the highest level of PoR quality by mainstream exchanges by blockchain expert Nic Carter.

The above is the detailed content of OKX announces the 20th PoR: BTC, ETH, USDC and USDT reserves total value 22.3 billion US dollars. For more information, please follow other related articles on the PHP Chinese website!