--- title: "Proof-of-Reserves Tracker" date: 2026-07-31 author: "Irene Austria" featured_image: "https://coinlaw.io/wp-content/uploads/2026/08/proof-of-reserves-tracker.jpg" --- # Proof-of-Reserves Tracker Canonical URL: Cite as: CoinLaw, *Proof-of-Reserves Tracker*. **What is in scope:** Exchanges and stablecoin issuers that publish a dated reserve report or attestation of their own. A venue that publishes nothing cannot appear. 7 records. Every figure is traced to the primary source linked on its row. Last verified 31 July 2026. The reports themselves are dated 31 March 2026 to 27 July 2026. Re-checked every 30 days. | Record | Kind | As of | Ratio | Assets | Attestor | Method | Verified | Source | |---|---|---|---|---|---|---|---|---| | Circle (USDC) | issuer | 2026-07-27 | | | Deloitte & Touche LLP | Monthly third-party assurance; weekly reserve disclosure | 2026-07-31 | [Circle Transparency page](https://www.circle.com/transparency) | | Bitget | exchange | 2026-07-20 | Total 122%; BTC 138%; ETH 181%; USDT 101%; USDC 107% | | | Merkle tree proof, monthly snapshot (open-source) | 2026-07-31 | [Bitget Proof of Reserves page](https://www.bitget.com/proof-of-reserves) | | OKX | exchange | 2026-07-07 | BTC 105%; ETH 103%; USDT 112%; USDC 101% | $23.12B in primary assets (45th monthly report) | | zk-STARK self-verification, monthly (open-source) | 2026-07-31 | [OKX Proof of Reserves page](https://www.okx.com/proof-of-reserves) | | Binance | exchange | 2026-07-01 | BTC 100.08%; ETH 100.00%; USDT 103.49%; USDC 108.67% | | | zk-SNARK + Merkle tree self-verification, monthly snapshot | 2026-07-31 | [Binance Proof of Reserves page](https://www.binance.com/en/proof-of-reserves) | | Bybit | exchange | 2026-04-22 | >100% on every in-scope asset; the report states no exact figures, only that each collateral ratio exceeds 100% | | Hacken OU | Third-party proof-of-reserves audit; Merkle-tree proof of liabilities | 2026-07-31 | [Hacken Proof of Reserves Audit Report for Bybit](https://www.bybit.com/common-static/cht-static/por/Bybit_PoR_Audit_2026_Apr_22.pdf) | | Tether (USD₮) | issuer | 2026-03-31 | | Total assets $191,767,741,495; liabilities $183,535,531,717 | BDO Italia S.p.A. | Quarterly reserves report; circulation published daily | 2026-07-31 | [Tether Transparency page](https://tether.to/en/transparency/) | | Kraken | exchange | 2026-03-31 | BTC 101.6%; ETH 100.9%; SOL 101.1%; USDC/USDT 105%+ | | The Network Firm LLP | Cryptographic Proof of Reserves review by independent accountants | 2026-07-31 | [Kraken Proof of Reserves page](https://www.kraken.com/proof-of-reserves) | Quoting a figure with a link to this page needs no permission. Reuse of the compiled dataset is licensed under CC BY 4.0: credit CoinLaw and link back. Definition of Stablecoin. Link to full glossary entry follows the description.**Stablecoin**A stablecoin is a cryptocurrency tied to a reserve asset like the US dollar, designed to maintain a stable value for trading, payments, and transfers. [Read more](https://coinlaw.io/glossary/stablecoin/)