TechFlow News — Today, cryptocurrency exchange Bybit, in collaboration with Nansen, released details of its reserve assets. Data shows that Bybit’s total reserve assets are worth approximately $1.9 billion, with USDT being the single largest asset. Stablecoins collectively account for 55.08% of reserves, including USDT, USDC, BUSD, and DAI. BTC (21.65%) and ETH (11.17%) together make up 32.82% of the total, while BIT ranks fifth with a 5.03% share.
"We are also exploring new custody solutions to allow users to view their on-chain balances or use third-party custodians. Bybit guarantees full 1:1 reserve backing for all user funds, and we ensure that all withdrawals are processed promptly during this critical period," said Ben Zhou, CEO of Bybit.Original link
