#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
Trump criticizes Powell again: "Mr. Too Late" is costing the U.S. billions of dollars.
On June 19, U.S. President Trump posted again on social media: "Mr. Powell is the worst, he is really a fool, and he is costing the United States billions of dollars." Trump also retweeted an article in which the regulators of Fannie Mae and Freddie Mac stated: Powell should cut interest rates or resign.