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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
Justin Sun’s White House Visit Highlights His Role as Major TrumpCoin Holder Amid Crypto Market Shifts
Justin Sun’s White House Visit and TrumpCoin Stake
Justin Sun, founder of TRON and a prominent figure in crypto, recently toured the White House. This visit reflects his growing influence, particularly as one of the largest holders of TrumpCoin, a politically themed cryptocurrency linked to former President Donald Trump.
TrumpCoin surged in attention after its launch, appealing to supporters of the ex-president. Sun’s stake in TrumpCoin signals a strategic alignment with politically driven crypto assets, which remain volatile but draw significant market interest. His White House invitation indicates growing acknowledgment of crypto leaders in U.S. policy circles.
TrumpCoin’s Market Dynamics and Regulatory Challenges
TrumpCoin operates as a community token with a fluctuating market cap, driven by social media trends and political events. Despite skepticism about meme and political coins, its holder base grew rapidly during the 2024 U.S. election cycle. Justin Sun’s involvement underscores how influential crypto investors diversify holdings into niche tokens.
However, TrumpCoin and similar assets face increasing scrutiny. The U.S. Securities and Exchange Commission (SEC) has signaled tighter regulations for crypto tokens, especially those tied to political figures. Sun’s visit may suggest ongoing dialogue between crypto stakeholders and regulators aiming to balance innovation with compliance.
Broader Implications for Crypto Policy and Market Strategy
Justin Sun’s White House access could be a sign of shifting U.S. attitudes toward crypto market players. With the Biden administration focusing on comprehensive crypto legislation, leading figures like Sun play a pivotal role in shaping the narrative.
Additionally, Sun’s diversified crypto portfolio, including TRON’s ecosystem and politically themed coins, exemplifies strategic positioning amid uncertain regulations. The interplay of political influence, crypto adoption, and government oversight will likely intensify in 2025, making this visit a notable moment in crypto’s evolving landscape.