MEXC Maintains Strong Financial Stability with Over 100% Proof of Reserve Across Major Assets
MEXC, a number one world cryptocurrency change, reported its highest stablecoin reserve ratios this yr in its October Proof of Reserve (PoR) audit.
USDT reserves elevated to 118% from 113% in August, whereas USDC rose from 105% to 112%. The change now holds $2.25 billion in USDT reserves in opposition to $1.91 billion in person deposits—$343 million above full backing. Bitcoin reserves maintained 123% protection (3,978 BTC backing 3,231 BTC in person balances), whereas Ethereum stood at 103%.
The bi-monthly audit, performed by an impartial third occasion, confirms all person belongings stay absolutely backed with extra collateralization. Results are verifiable on-chain.
“Maintaining a PoR ratio above 100% is not only about compliance — it’s about belief,” mentioned Cecilia Hsueh, Chief Strategy Officer of MEXC. “We purpose to set the next customary for the business by making certain person belongings are all the time safe, verifiable, and guarded underneath a clear system.”
The audit examined MEXC’s 4 largest belongings by person deposits. The change has maintained reserve ratios above 100% throughout all audited belongings since implementing bi-monthly audits as half of its transparency framework.
MEXC publishes Proof of Reserve outcomes each two months, with every audit independently performed and verified on-chain. Between scheduled audits, customers can entry real-time verification instruments to verify their holdings stay backed.
The outcomes complement MEXC’s current safety infrastructure, which incorporates the Guardian Fund and steady reserve monitoring. Reserve transparency has develop into business customary observe following market disruptions that uncovered insufficient backing at a number of main platforms.
About MEXC
Founded in 2018, MEXC is dedicated to being “Your Easiest Way to Crypto.” Serving over 40 million customers throughout 170+ international locations and areas, MEXC is thought for its broad choice of trending tokens, on a regular basis airdrop alternatives, and low buying and selling charges. Our user-friendly platform is designed to help each new merchants and skilled buyers, providing safe and environment friendly entry to digital belongings. MEXC prioritizes simplicity and innovation, making crypto buying and selling extra accessible and rewarding.
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