Binance April Proof of Reserves Shows User XRP Balances Up 16.09M by May 1, 2026

Binance's April Proof of Reserves shows net user XRP balances rose by 16.09 million tokens, moving from 2.587 billion to 2.603 billion. As of May 1, Binance wallets held 2,630,051,340 XRP on-chain with a 101.01% reserve ratio, indicating customer liabilities were fully covered. The same report period also showed a stablecoin rotation, with USDT balances falling $385.84 million while USDC climbed $547.55 million.