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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
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- #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
The French government is expected to use Article 49.3 of the Constitution to pass the social security bill without a parliamentary vote.
According to French TV station LCI, French Prime Minister Philippe will use constitutional tools to push through parts of his unpopular budget bill without a parliamentary vote. Later on Monday, Philippe may announce at the National Assembly that he will use Article 49.3 of the Constitution, which allows for the passage of social security bills without a vote, but also opens the door to a motion of no confidence. The National Rally, led by Le Pen, is the largest party in the lower house and could ensure the current government's downfall. Earlier on Monday, Philippe made a final concession in an attempt to gain Le Pen's support. Le Pen called on Prime Minister Philippe to agree to the demands of her party to link pensions to inflation in order to avoid condemnation.