OKX 18th PoR: BTC, ETH, USDC and USDT reserves total value 22.39 billion US dollars
This site (120BtC.coM): Cryptocurrency exchange OKX announced the 18th Proof of Reserve (PoR) today (26th), and the reserve rates of 22 public currencies All exceed 100%. The reserve rates of Bitcoin, Ethereum, USDT, and USDC are 103%, 104%, 104%, and 103% respectively. The total value of the four exceeds US$22.39 billion.
OKX is committed to improving PoR transparency to traditional financial audit standards, thereby continuing to lead the industry in safety and transparency.
OKX insists on publishing PoR on a monthly basis. The reserve ratio has exceeded 100% for 18 consecutive months. The number of public currencies has increased from 3 to 22. It has successively passed the Merkle tree and the full view of Merkel. Technologies such as tree and zk-STARK have continuously upgraded the PoR system and set multiple milestones.
Under the premise of protecting privacy, users can independently verify OKX’s solvency at any time, and was rated by blockchain expert Nic Carter as representing the highest level of PoR quality for mainstream exchanges.
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