Binance has released its Merkle Tree Proof of Asset Reserve for December (snapshot dated December 1), proving that it has funds covering all user assets at a 1:1 ratio, with:
The net balance of BTC user assets is 561,003.305 pieces, and the net balance of Binance platform is 584,373.768 pieces, with a coverage rate of 104.17%;
The net balance of ETH user assets is 3,889,966.666 pieces, and the net balance of the Binance platform is 4,145,228.847 pieces, with a coverage rate of 106.56%;
The net balance of BNB user assets is 30,986,758.764 pieces, and the net balance of the Binance platform is 33,813,380.992 pieces, with a coverage rate of 109.12%;
The net balance of USDT user assets is 16,136,534,065.42 pieces, and the net balance of the Binance platform is 19,240,114,354.151 pieces, with a coverage rate of 119.23%;