HTX report say 38 months of 100% PoR as user USDT balances jump 154%
HTX don publish dia 2025 Proof of Reserves (PoR) report, wey confirm say the exchange don maintain 100% reserve ratio for core assets for 38 months straight, and people fit verify am on‑chain via Merkle‑tree PoR audits. The report show big inflow of stablecoins: user USDT balances climb about 154% for 2025, from roughly $695 million for January to $1.765 billion for December, while user BTC positions stay mostly stable. HTX extend PoR coverage during 2025 to include extra assets like USDC and WLFI, e get public PoR page for real‑time verification, and e dey run “100% Redemption” withdrawal policy. One CoinDesk metric wey dem cite note say HTX market share grow through November 2025, putting am among the fastest‑growing major centralized exchanges. The disclosure stress transparency and on‑chain verifiability but na im no be investment advice.
Neutral
Di report likely neutral for di price of di cryptocurrencies wey dem mention. Positive tins include confirmed 100% PoR backing, expanded coverage (USDC, WLFI), and big USDT inflows, wey mean more exchange liquidity and user confidence — things fit help market stability. But these findings na disclosures about reserve accounting and user balances, no be direct protocol or monetary changes wey normally dey drive price moves. USDT inflows show capital dey enter di exchange (fit create buy-side pressure), but BTC holdings remain stable, e reduce di case for sustained bullish BTC price impact. For traders, short-term effect fit be small bullish for stablecoin liquidity and exchange confidence; long term, di disclosure reduce counterparty risk premium but e no likely by itself make big directional move for BTC or USDT prices. Monitor on-chain flows, order-book changes, and whether di increased USDT on-exchange convert to net buying pressure on BTC or other tokens.