#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
BCP Technologies has launched a stablecoin pegged to the British Pound, tGBP.
Odaily News BCP Technologies is a cryptocurrency company registered in the UK, claiming to launch the stablecoin Tokenised GBP (tGBP) pegged to the British pound within the UK regulatory framework. Each tGBP token is backed 1:1 by reserves held in an independent account of a UK-regulated financial institution and can be redeemed for British pounds at any time. (CoinDesk)