MEXC's Reserves Surge 115% for USDT, 106% for USDC, 117% for BTC, 110% for ETH, $390M Increase in Assets

MEXC, a prominent cryptocurrency exchange, has recently updated its bi-monthly Proof of Reserves (POR) as of April 21st. The update reveals that all major cryptocurrencies held by MEXC have over 100% reserve support. Specifically, USDT is backed at 115.23%, USDC at 106.36%, BTC at 117.53%, and ETH at 109.92%. This high reserve ratio ensures that users' assets are secure and that the exchange maintains transparent management practices.

In addition to the robust reserve ratios, MEXC's total on-chain reserve assets have seen a significant increase. As of April 2025, the reserve fund has grown by nearly $390 million compared to February 2025. This substantial increase in reserve assets further solidifies MEXC's commitment to maintaining a strong financial position and providing users with the confidence that their assets are well-protected.

The update to MEXC's Proof of Reserves is a positive development for the cryptocurrency community, as it demonstrates the exchange's dedication to transparency and security. By maintaining reserve ratios that exceed 100% for all major cryptocurrencies, MEXC sets a high standard for other exchanges to follow. This commitment to transparency and security is crucial in an industry where trust and reliability are paramount.

The increase in reserve assets by nearly $390 million is a testament to MEXC's financial strength and its ability to adapt to the dynamic cryptocurrency market. This growth in reserves not only provides additional security for users but also positions MEXC as a stable and reliable platform for cryptocurrency trading. As the cryptocurrency industry continues to evolve, exchanges like MEXC that prioritize transparency and security will play a crucial role in building trust and confidence among users.