PANews reported on May 6 that according to the audit data of asset reserves officially released by KuCoin on April 30, 2025, the reserve rates of BTC, ETH, USDT, and USDC on the platform were 106%, 116%, 114%, and 109%, respectively. Among them, BTC user assets were 9,751 pieces, and PoR wallet address assets were 10,306 pieces; ETH user assets were 145,807 pieces, and PoR wallet address assets were 168,779 pieces; USDT user assets were approximately US$1.179 billion, and PoR wallet address assets were approximately US$1.338 billion. KuCoin disclosed its four mainstream asset reserves in response to false reports from the outside world, indicating that the platform's asset status is healthy and stable.
Earlier today, OnChainSchool reported, citing CryptoQuant data, that KuCoin ’s Bitcoin reserves have fallen by more than 77% since the KYC rumors .
