Bybit's Proof-of-Reserves Report Shows Strong Asset Backing for Key Holdings
Bybit, the second-largest cryptocurrency exchange by trading volume, released its 35th Proof-of-Reserves report, showing that all major tracked assets are overcollateralized, with reserve ratios exceeding 100%. The report, independently verified by Hacken, highlights strong asset backing for USDC, USDT, BTC, and ETH, reinforcing Bybit's commitment to transparency and user trust.
Topics: Bybit cryptocurrency financial transparency Proof-of-Reserves reserve ratios