#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
Tether announced its upcoming investment in Quantoz Payments to launch a Stable Coin that complies with MiCAR standards.
BlockBeats news, on November 18th, according to official sources, Tether announced its upcoming investment in Quantoz Payments to launch EURQ and USDQ Euro and US dollar Electronic Money Tokens (EMT) that comply with MiCAR standards. Tether has not disclosed the investment amount yet, and Quantoz will use Tether's Hadron asset tokenization platform.