BTCC’s Robust Proof of Reserves Highlights Strong USDT and ETH Backing in July 2025
In its latest Proof of Reserves disclosure for July 2025, BTCC, the world's longest-running cryptocurrency exchange, demonstrated exceptional financial health with a 132% overall reserve ratio. Ethereum (ETH) reserves surged to an impressive 170% coverage, marking the fourth consecutive month of reserves significantly exceeding user liabilities. Bitcoin (BTC) reserves were reported at 120%, while XRP and stablecoins, including USDT, showed even stronger backing—145% for XRP and 143% for Tether (USDT). This audit underscores BTCC's commitment to transparency and trust, reinforcing its position as a secure platform for digital asset trading. The consistent over-collateralization of reserves signals robust liquidity management, which could further bolster investor confidence in the crypto market amid evolving regulatory landscapes.
BTCC Discloses July Proof of Reserves with 132% Coverage, ETH Reserves Surge to 170%
BTCC, the world's longest-running cryptocurrency exchange, reported a 132% overall reserve ratio in its July 2025 Proof of Reserves audit. ethereum led all assets with 170% coverage—marking the fourth consecutive month the exchange has maintained reserves significantly above user liabilities.
Bitcoin reserves stood at 120%, while XRP and stablecoins showed even stronger backing: 145% for XRP, 143% for Tether, and 110% for USD Coin. Cardano's 120% reserve ratio rounded out the top holdings.
"Geopolitical tensions and U.S. tariff policies drove unprecedented demand for crypto as a hedge," said Alex Hung, BTCC's Head of Operations. "While Bitcoin breached $120,000, our excess reserves ensured operational stability during historic volatility."
$3 Billion Tether Mint Sparks Altcoin Season Speculation
Tether's issuance of $3 billion USDT in a single day has ignited discussions of a potential altcoin resurgence. The move mirrors historical patterns where large stablecoin mints preceded significant altcoin rallies, including November 2024's 60% SOL and 40% MATIC surges.
Exchange reserves for USDT have swollen to $40.44 billion, marking a twelve-month high. This on-exchange liquidity typically signals impending buying pressure, with institutional traders known to park stablecoins on platforms before executing large crypto purchases.
The market shows textbook bull signals: rising stablecoin supply ratios and strengthening altcoin indices. Similar conditions preceded the 2021 altcoin boom, when capital rotated from bitcoin into secondary assets following major USDT injections.
Tether's USDT Growth Defies Regulatory Headwinds as TRON Dominates Stablecoin Activity
Tether's USDT stablecoin continues its unprecedented expansion, reaching a $160 billion market cap despite looming U.S. regulatory challenges. The TRON blockchain has emerged as the dominant network for USDT transactions, hosting over $80 billion of its supply—$6 billion more than Ethereum.
TRON's low-cost, high-speed infrastructure has fueled $22 billion in new USDT issuance since January, particularly in emerging markets. Decentralized transfers now account for the majority of activity, outpacing exchange volumes by 5-10x—a testament to stablecoins' evolving role in peer-to-peer ecosystems.
The GENIUS Act's passage introduces new compliance hurdles, requiring stablecoin issuers to meet strict reserve and licensing standards. Yet USDT's organic growth suggests market demand may outweigh regulatory friction, especially in jurisdictions beyond U.S. oversight.