# HTX September Reserves Disclosure Contains USDS, USDD Balance Discrepancies

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/23446
Published: 2026-09-23T23:49:43.000Z
Updated: 2026-09-23T23:49:43.000Z

HTX’s Sept. 1 proof of reserves contained discrepancies between reported token balances and balances at the cited blockchain addresses, raising concerns about how the exchange matches assets to liabilities.

The disclosure listed 360,949.90 USDS at the Ethereum address 0xdaa4393013f359fd63a133a3b893d311aba4e471 at block height 25,876,316. The address held 0 USDS at that height.

The address received USDS at block height 25,889,452 on Sept. 2, one day after the proof-of-reserves date.

The disclosure also listed 44,975,772 USDD at 0x18709e89bd403f470088abdacebe86cc60dda12e at block height 25,876,316. The address held 44,886,000 USDD at that height, leaving a difference of 89,772 USDD between the reported and recorded balances.

The figures add to concerns about the process used to match assets with liabilities in HTX’s proof-of-reserves disclosures. A May disclosure also listed STEAK-USDC at an address that held none of that token at the stated block height, while holding an equivalent amount of sUSDS.