River Proof of Reserves is about more than verifying our balances; it's about reinforcing River's commitment to integrity and long-term client trust. Our goal is to build unshakable trust with our clients. Proof of Reserves is the gold standard for Bitcoin custody.
We're leading by example by proving every month that your Bitcoin is exactly where we say it is. After recent failures, I encourage the industry to adopt similar transparency standards to rebuild trust.
The added transparency also prevents fractional reserve practices from destabilising fiat currencies and leading to bank failures. If more Bitcoin exchanges prove full reserves, it could restore faith in intermediaries while stopping dangerous leverage in the system.
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