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Binance's August 2026 proof of reserves shows Bitcoin and Ethereum fully backed above 100%.

Protocol Fundamentals
06 Aug 2026
Crypto Briefing
View Source
Bullish
Binance's August 2026 proof of reserves shows Bitcoin and Ethereum fully backed above 100%.

Binance's August 1, 2026 proof of reserves report confirms that Bitcoin and Ethereum holdings fully cover user balances at 100.25%, with stablecoins like USDT, USDC, and USD1 backed even higher. This snapshot, verified using advanced cryptographic methods, demonstrates Binance holds more assets on-chain than owed to users, reinforcing trust after past crypto exchange failures. The report also highlights growth in Bitcoin deposits and notes the need to monitor the SOL position, which sits exactly at the minimum collateralization threshold of 100%.

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