Binance: Wrapped Token collateral is sometimes stored in cold wallets, will be updated on B-Tokens Collateral Proofs page

Binance released a blog post in response to the question about "how to manage wrapped token collateral". Binance said that assets are always fully collateralized, backed by 1:1, and users can withdraw their assets at any time at any time. Sometimes collateral assets are stored in Cold wallets not known to the public, or not transferred quickly enough to an appropriate hot wallet, can give the impression that wrapped tokens are sometimes undercollateralized, wrapped tokens 1:1 support being safely held in different wallets middle. In the coming weeks and months, users will see updated wallets on the B-Tokens Collateral Proof page to further increase transparency, Binance said.