On February 26th, OKX released its 16th Reserve Proof, showing that the reserve ratios of 22 listed cryptocurrencies all exceeded 100%. Among them, the reserve ratio of BTC was 103%, while the reserve ratios of ETH and USDC were both 104%. The reserve ratio of USDT was 105%. The total value of these four cryptocurrencies reached $17.7 billion.
It is reported that OKX is committed to enhancing the transparency of Proof of Reserves (POR) to the level of traditional financial audits, thus continuously leading the industry in terms of safety and transparency. OKX insists on releasing the POR on a monthly basis, with the reserve ratio exceeding 100% for 16 consecutive months. The number of listed cryptocurrencies has increased from 3 to 22. OKX has continuously upgraded the POR system through technologies such as Merkel Trees, Merkle Tree Overview, and zk-STARK, setting multiple milestones. Users can independently verify OKX’s solvency while protecting their privacy. Blockchain expert Nic Carter has praised OKX for representing the highest level of POR quality among mainstream exchanges.
This article is provided by the official source and does not represent the stance or investment advice of our website. Readers are strongly advised to conduct their own careful evaluation.
