#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
The UK proposes to set country-specific quotas on steel imports.
Jin10 Data reported on May 14 that the UK's Trade Remedies Authority (TRA) suggested on Tuesday that a country-specific quota limit should be implemented for certain categories of steel imported into the UK to help protect the UK steel production industry. The government agency stated in a release that the quota limit measures will take effect on October 1 of this year.