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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
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- #Gate Latest Proof of Reserves Reaches 10.453 Billion Dollars#
Gate has released its latest Proof of Reserves report! As of June 2025, the total value of Gate’s reserves stands at $10.453 billion, covering over 350 types of user assets, with a total reserve ratio of 123.09% and an excess reserve of $1.96 billion.
Currently, BTC, ETH, and USDT are backed by more than 100% reserves. The BTC customer balance is 17,022.60, and Gate’s BTC balance is 23,611.00, with an excess reserve ratio of 38.70%.The ETH customer balance is 386,645.00, and Gate’s ETH balance is 437,127.00, with an excess reserve
Mind Network announced the integration of Circle CCTP and launched an encryption transmission layer to achieve native USDC cross-chain transmission.
According to a message from 深潮 TechFlow on May 23, in an official announcement, MindNetwork announced the formal integration of Circle's CCTP cross-chain protocol. By combining its FHE ( fully homomorphic encryption ) cross-chain bridges and Chainlink's CCIP cross-chain interoperability protocol, it achieves native USDC cross-chain transmission with compliance privacy protection.
As CCTP first introduces FHE technology, developers can achieve privacy encryption of addresses and specific transactions on chains such as Ethereum, Arbitrum, and Polygon without changing the Circle infrastructure or existing deployments, thus providing new use cases for Defi and RWA.
This function is mainly suitable for institutional-level scenarios such as asset management, institutional settlement, and cross-chain fund scheduling, and supports the generation of ZK zero-knowledge proofs to meet compliance and audit requirements. The SDK has been opened, and developers can seamlessly integrate into wallets, dApps, or cross-chain bridge applications for plug-and-play.
Mind Network is pioneering a fully homomorphic encryption (FHE) infrastructure resistant to quantum attacks, driving a fully encrypted internet through secure data and AI computation. It collaborates with industry leaders to promote the development of the zero-trust internet protocol HTTPZ, setting new standards for trusted AI and encrypted data processing for the Web3 and AI ecosystems.