Binance Adds PAXG to Proof of Reserves as BTC, ETH User Balances Decline

Key TakeawaysBinance April Proof of Reserves shows BTC at 100.03%, USDT at 105.62%, ETH at 100%.Gold-backed token PAX Gold included for the first time, bringing total assets to 49.User BTC balances fell by ~$840M, ETH by ~$374M month-over-month.Reserve ratios remain above 100%, indicating full backing of user assets.Binance Updates April Proof of ReservesBinance has released its April Proof of Reserves (PoR) report, showing continued full backing of major user assets.The latest data indicates:Bitcoin reserve ratio: 100.03%Ethereum reserve ratio: 100.00%USDT reserve ratio: 105.62%BNB reserve ratio: 100.96%All key assets remain fully collateralized, with reserves exceeding user balances.PAXG Added as Gold Exposure ExpandsFor the first time, Binance included PAX Gold in its Proof of Reserves.PAXG is a gold-backed token issued by Paxos, representing physical gold ownership on-chain. Its inclusion brings the total number of tracked assets in Binance’s reserves to 49, reflecting growing demand for tokenized real-world assets (RWAs).