OKX 33rd Proof of Reserves Report Reveals Increase in USDT Holdings
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International cryptocurrency exchange OKX published its 33rd Proof-of-Reserves (PoR) report, reaffirming that it continues to hold 100% or more of user assets across 22 cryptocurrencies.
July PoR Report
The report, based on a snapshot taken on July 4, 2025, highlighted what it claims to be a strong reserve ratio for key assets, including BTC at 106%, ETH at 101%, USDT at 103%, and USDC at 100%.
Despite minor fluctuations in user-held assets, the platform has maintained full backing of all customer deposits, according to the crypto exchange.
Moreover, OKX noted that the report verified over $28.8 billion in user assets and is independently audited by web3 security auditor Hacken.
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Key reserve ratios for major assets are as follows:
- BTC: 106% reserve ratio, with 116,769 BTC in user account assets and 123,695 BTC in OKX wallets.
- ETH: 101% reserve ratio, with 1.979 million ETH in accounts and 2.007 million ETH in wallets.
- USDT: 103% reserve ratio, with 9.02 billion USDT in accounts and 9.29 billion USDT in wallets.
- USDC: 100% reserve ratio, with 1.18 billion USDC in both account and wallet balances.
Other notable assets also maintained full or surplus reserves:
- XRP: 109% reserve ratio
- DOGE: 101% reserve ratio
- SOL: 101% reserve ratio
- OKB (OKX’s native token): 100% reserve ratio
The PoR initiative by OKX, launched in late 2022, allows users to independently verify reserves through open-source tools, making it one of the more transparent systems in the industry.
Previous Reports:
Recent OKX News
Last month, OKX integrated PayPal for crypto purchases across the European Economic Area (EEA), allowing users to fund transactions using various PayPal-supported payment methods, with fees waived for one month.
In May, OKX launched a standalone OKX Wallet app to enhance user access to self-custody and DeFi services. Previously integrated into the main OKX app, the new noncustodial wallet now operates independently, allowing users to hold private keys, trade NFTs, swap tokens, and access DeFi protocols across 130+ blockchains.
In April, OKX launched OKX Pay, a self-custody crypto payment app that allows users to send and receive USDT and USDC with zero fees and near-instant settlement, thanks to its ZK-based Layer 2 network, X Layer. As part of broader payment initiatives, OKX is also rolled out the OKX Card in partnership with Mastercard, enabling crypto spending across global merchants.
This article is published on BitPinas: OKX Reveals 33rd Proof of Reserves Report Reveals Increase in USDT
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