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MEXC Shows Strong Financial Stability with Proof of Reserve

MEXC Shows Strong Financial Stability with Proof of Reserve

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by Giorgi Kostiuk

2 hours ago


MEXC, a leading global cryptocurrency exchange, has released the results of its latest reserve audit, showcasing financial stability and asset security.

Exceptional Reserve Coverage Reinforces Platform Security

The recent audit confirmed that MEXC maintains comprehensive over-collateralization across all major cryptocurrencies, with impressive reserve ratios exceeding industry standards.

Stablecoin Reserve Expansion

MEXC has dramatically increased its stablecoin reserves by over 11% in the past two months, with USDT holdings rising to $2.59 billion. This strategic move ensures the ability to handle high-volume withdrawals and maintain trading stability.

Industry Transparency and Enhanced Security

MEXC's Proof of Reserve audits uphold high standards for transparency and user protection. Bitcoin reserves stand at 129.85%, providing a nearly 30% security buffer above user holdings.

MEXC continues to demonstrate high standards of financial transparency and user protection, solidifying its reputation in the evolving cryptocurrency landscape.

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