#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
KaiaChain Chairman: Kaia will promote the issuance of the Korean won stablecoin and launch the "Summer of Stablecoins".
PANews reported on June 9 that Sam Seo, the chairman of KaiaChain, posted on social media stating that following the launch of the native USDT, the team will fully promote the issuance of the Korean won (KRW) stablecoin on the Kaia Mainnet, saying "The summer of Kaia's stablecoin has just begun." He also added that Kaia's predecessor, Klaytn, had participated in the Central Bank's CBDC project, laying the technological foundation for the stablecoin. Driven by this news, the KAIA token rose 17% in 24 hours, trading at $0.124.