Merkel Tree-based Proof of Reserves Data released with New Assets stUSDT and stETH
–News Direct–
Huobi
The latest Merkle tree asset proof data in August 2023 includes an update on ETH & stETH and USDT & stUSDT.
Users can view Huobi reserves in detail on the asset audit page of Huobi's official website. The available information includes reserve ratio, Huobi wallet's assets, and Huobi's user assets. Huobi will regularly conduct Proof of Reserve audits to ensure users that their assets are safeguarded.
* The screenshot is taken from Huobi's official website and users can view the reserves on this page.
The specific reserve ratios shown in this update are as follows: 102% for USDT (Huobi wallet balance: 662,404,586 USDT), 101% for BTC (Huobi wallet balance: 25,410 BTC), 104% for ETH (Huobi wallet balance: 139,523 ETH), 103%...