BTCC Drops Bombshell Proof of Reserves Report—161% Backing Exchanges Wish They Had
In an industry where ’trust us’ isn’t good enough anymore, BTCC just flexed with a 161% asset-backed proof of reserves—published right on schedule in April 2025. Take notes, ’fractional reserve’ crypto exchanges.
The brass tacks: While rivals scramble after last year’s audit scandals, BTCC’s overcollateralization makes Swiss banks look undercapitalized. Their cold wallets could survive three bear markets and still tip 20%.
Why this matters: That 61% buffer isn’t just for show—it’s a hedge against the next ’black swan’ event (or more likely, another exchange CEO ’accidentally’ gambling with customer funds).
One crypto skeptic’s take: ’Wow, an exchange actually holding assets 1:1? What’s next—banks loaning out only the money they have?’