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MEXC publishes June 2026 reserve audit showing USDT, USDC, BTC, and ETH over-collateralized
MEXC has published its June 2026 Proof of Reserves report, confirming that user assets in USDT, USDC, BTC, and ETH are backed by on-chain reserves exceeding user balances, with reserve ratios ranging from 114% to 269%.
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MEXC's June 2026 Proof of Reserves report provides detailed evidence that user holdings in USDT, USDC, BTC, and ETH are backed by reserves surpassing user balances, with reserve ratios between 114% and 269%. The report details on-chain wallet holdings versus user liabilities, outlines the use of Merkle Tree cryptographic verification for individual balance validation, and states that monthly audits are performed independently by Hacken.
Additional measures, such as the Guardian Fund and Futures Insurance Fund, are described as safeguards for user assets. Public wallet addresses and a combination of cold and hot storage are among the security and transparency steps highlighted.
MEXC is a cryptocurrency exchange registered in Singapore, operating since 2018 and focusing on crypto-to-crypto trading, including popular assets like Bitcoin (BTC), Ethereum (ETH), and Tether USD (USDT). The platform offers over 120 cryptocurrencies for trading, supports services such as staking, holding, and a referral program, but does not support fiat currency trading and requires mandatory verification. For more information, see the broker profile on Traders Union.
For more background, see our earlier news about MEXC where the broker launched the Kickoff Fest event with an $8 million prize pool and daily participation opportunities; read the previous MEXC update on Traders Union here.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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