Article • 9 months ago

Binance's Shifting Landscape Revealed in Proof-of-Reserve Report

Binance's Shifting Landscape Revealed in Proof-of-Reserve Report
Summary
    1. Binance's customer net balance for BTC remains stable, but its exchange balance has decreased slightly.
    1. ETH balances on Binance have decreased, but the customer net balance has increased slightly.
    1. Binance has adopted FDUSD as a new stablecoin after Paxos Trust Company terminated its association, but FDUSD net balances are lower than other leading stablecoins.

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