OKX 31st PoR: BTC, ETH, USDT, USDC total value reaches 28 billion US dollars

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Followin message, according to official information, OKX released the 31st reserve proof, with the reserve ratio of 22 announced cryptocurrencies reaching 100%. Among them, BTC, ETH, USDT, and USDC have reserve ratios of 105%, 102%, 100%, and 100% respectively, with a total value of $28,049,189,977.

It is reported that OKX is the first crypto exchange in the industry to continuously publish Proof of Reserves (POR) for over two years. During this period, OKX has consistently released monthly PoR, increasing the number of disclosed cryptocurrencies from 3 to 22, and continuously upgrading the PoR system through technologies such as Merkle tree, full Merkle tree, and zk-STARK, committed to asset transparency for users.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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