What Are Proof Of Reserves And Why Do They Matter?
In other words, the company might sell off the property to cover withdrawals or other liabilities, if needed. As for cryptocurrencies, this would include the extra well-liked coins, such as Bitcoin and Ethereum, and stablecoins, like Tether, USDC, or BUSD. Some exchanges and crypto lending platforms, together with Kraken, Nexo, BitMEX, and Gate.io, moved to [...]