#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
PANews May 29th news, according to the official blog, today at the São Paulo Circle Forum, Circle, the issuer of the stablecoin USDC, announced its official launch in Brazil. This strategic expansion signifies an opportunity to provide a digital dollar and digital asset infrastructure with USD support to the market. Circle is partnering with BTG Pactual (Latin America's largest investment bank) and other regional enterprises such as Nubank to launch digital asset products and enable users to access USDC almost instantly, at a low cost, and around the clock.