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Why is the number of Bitcoins held in reserves by Binance smaller than the number of issued Binance Bitcoins on BSC?

go check for yourself: [https://www.binance.org/en/assets-proof](https://www.binance.org/en/assets-proof)



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  1. Good catch. It seems like someone else raised a similar question a month or so ago on the Binance subreddit, but there doesn’t seem to be a response from Binance:

    [https://www.reddit.com/r/binance/comments/l66s3k/usdc_proof_of_assets_insufficient/?utm_medium=android_app&utm_source=share](https://www.reddit.com/r/binance/comments/l66s3k/usdc_proof_of_assets_insufficient/?utm_medium=android_app&utm_source=share)

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