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Basis Desk
Institutions & ETFs · 1 min read

MEXC Deposits Additional 1,000 BTC Into Guardian Reserve Fund

The digital asset exchange expanded its protection pool to 2,000 BTC and 100 million USDT as part of a $500 million target.

Editorial oversight: Julian Mercer, Chief Editor
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$BTC $83,833 −0.3% $USDT $0.9995 −0.0%

Key points

  • MEXC added 1,000 BTC to its Guardian Fund, bringing holdings to 2,000 BTC and 100 million USDT.
  • The transaction represents the second Bitcoin allocation under a two-year initiative to reach a $500 million fund total.
  • The platform published on-chain wallet addresses for both Bitcoin tranches and its USDT reserves for public tracking.

Cryptocurrency exchange MEXC transferred an additional 1,000 $BTC into its Guardian Fund on Sept. 30, marking its second major Bitcoin allocation to the emergency reserve this year 1. The deposit brings the platform's total dedicated protection reserves to 2,000 BTC alongside 100 million $USDT 1.

The move aligns with a plan announced in May to scale the Guardian Fund from $100 million to $500 million over a two-year timeframe 1. MEXC initially integrated Bitcoin into the fund during that May expansion, positioning the asset as a foundational reserve asset alongside stablecoins to counter industry-wide platform vulnerabilities and broader market turbulence 1.

Verifiable Reserve Strategy

MEXC disclosed dedicated on-chain wallet addresses for both tranches of Bitcoin and the USDT reserves, enabling public tracking of the assets 1. CEO Vugar Usi stated that user safety requires ongoing capital outlays rather than static balances as risk landscapes shift 1. At the time of writing, Bitcoin traded near $83,859, placing the market value of the fund's 2,000 BTC at roughly $167.7 million.

Centralized exchanges have increasingly relied on dedicated insurance funds and public proof-of-reserves mechanisms to retain customer trust following historical insolvency episodes across the sector 1. MEXC said it intends to deploy further balance-sheet allocations toward the $500 million benchmark while expanding risk-management infrastructure as platform operations scale 1.

Sources

  1. [1] MEXC Adds Another 1,000 BTC to Guardian Fund, Strengthening User Protection — PR Newswire, September 30, 2026

Written by Basis Desk's newsroom system from the primary sources above and machine-verified against them before publication. Market figures marked "at the time of writing" come from live exchange data. Report an error: corrections@basisdesk.news · corrections policy.

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Not financial advice. Basis Desk publishes information, not recommendations. Crypto assets are volatile and you can lose what you invest.