Binance announced that user assets exceeded $100 billion as of March 18, according to the 16th proof-of-reserves (PoR) snapshot. This growth is attributed not only to Binance’s commitment to maintaining user funds on a 1:1 basis with additional reserves but also to the recent rise in digital asset prices.
Binance’s PoR system shows an over 100% collateral ratio for all major cryptocurrencies and altcoins. The exchange holds more than 103% of the Bitcoin (BTC) deposited by users, indicating full alignment of reserves with user deposits and an additional 3% in reserve.