stable coins

Story: Bitget Expands Proof of Reserves to 19 Assets With 122% Reserve Ratio

By Sydney TheCMO

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45 Reports and Counting Since December 2022. Bitget has been publishing PoR reports every month since December 2022 — 45 consecutive reports at…

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Protection Fund and Broader Security Infrastructure. Reserves aren't the only layer here. Bitget runs a Protection Fund alongside the PoR system, part…

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Bitget just got a lot more transparent. The exchange has expanded its Proof of Reserves coverage from four assets to 19 major ones, giving users a much wider window into what the…

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The newly covered assets include BTC, USDT, ETH, and LTC, among others. Users can now pull up the expanded PoR page directly and see reserve ratios alongside the distribution of…

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The reserve ratio sits at 122% as of the latest report in August 2026.

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CEO Gracy Chen said the jump from four to 19 assets is about keeping pace with how diverse user portfolios have become.

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The platform's Proof of Assets interface also flags users when a particular asset falls outside the scope of a specific audit.

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Reserves aren't the only layer here. Bitget runs a Protection Fund alongside the PoR system, part of a broader security infrastructure meant to back up the platform's commitments…

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More context: Hyundai Cards $20,000 USDT Test Sparks Ambitious Avalanche Payment Expansion

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The 122% reserve ratio is the headline number. It means Bitget holds more in reserves than it owes users, which puts it above what most in the industry would call the baseline…

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The expanded PoR also covers asset distribution across various blockchains, not just aggregate totals.

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Stablecoin reserves have become a particular pressure point across the industry. Exchanges that can't demonstrate clear, auditable USDT or USDC holdings have faced serious user…

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The Merkle Tree verification method Bitget uses is worth a quick explanation for anyone unfamiliar.

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Bitget's monthly cadence also means the data stays relatively fresh. A quarterly or annual audit can mask a lot of movement in between.

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Related: OpenAI Claims Justin Sun Prize with Major Math Breakthrough on Navier-Stokes Equations

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