Here’s how much XRP Binance keeps in the latest Proof-of-Reserves reports

The largest crypto exchange, Binance has released its latest Proof-of-Reserves report, detailing the rise in Bitcoin and XRP holdings.

The latest Report As of August 1, 2025, we are photographing the exchange’s holdings. In particular, Binance has been sharing details of the crypto assets that have been in custody every month behind the FTX explosion since November 2022.

Binance’s Bitcoin Portfolio

According to the report, Binance holds 591,163 BTC, equivalent to approximately $67 billion in customer deposits, while maintaining a BTC reserve of 608,639 tokens worth approximately $70 billion. This reflects a collateral ratio of 102.96%.

USDT and Ethereum of Vinanence

After Bitcoin, USDT is the second largest asset deposited by users on Binance. The exchange holds USD 29.85 billion in user deposits and USD 30.55 billion of its reserves, reflecting a holding rate of 102.27%.

As of July, USDT’s Binance holdings was 101.11%, indicating a slight increase in Stablecoin reserves over the past 30 days.

Next is Ethereum. Specifically, Binance holds 4,555,013 ETH and 4,585,489 ETH from users in a reserve, translated to a 100.67% holding. In July, Ethereum retention rate was exactly 100%, suggesting an almost one-to-one match between user deposits and reserves.

BNB and XRP

Another dominant crypto assets are about vinance. BNBcoins closely related to exchange. Binance maintains user deposits and 4.46 million reserves at 39.79 BNB. This will result in a significantly higher collateral rate of 111.74%.

XRP is also ranked as the top user-stored crypto assets on Binance. As of this month, Binance has 2.675 million XRP (valued $7.866 billion) in user deposits, with its reserves containing 2.754 billion XRP (valued $8.1 billion), reflecting its holdings of 102.96%.

In July, users had deposited XRP of 2.616 billion, but was valued at a peak price that month at over $9.5 billion.

Since then, user deposits have increased by around 58.96 million XRP, but the total amount has fallen due to Lower XRP prices. At the time of pressing, XRP was trading at $2.94 compared to $3.66 on July 18th.

USDC: The Most Overweight Materialized Assets

Among Binance’s top Crypto Asset Holdings, USDC has the highest collateral rate. Specifically, users have deposited USD 5.22 billion, while Binance holds USD 8.15 billion in reserves, representing a large collateral of 156%. In July, the ratio was 152.65%, with more user deposits.