MEXC, a leading global cryptocurrency exchange, reported its highest stablecoin reserve ratios this year in its October Proof of Reserve (PoR) audit. USDT reserves increased to 118% from 113% in August, while USDC rose from 105% to 112%. The exchange now holds $2.25 billion in USDT reserves against $1.91 billion in user deposits—$343 million above […]
source https://www.blockchainaire.com/mexc-maintains-strong-financial-stability-with-over-100-proof-of-reserve-across-major-assets/
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