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- 🏁 Gate Red Bull Racing Tour 2025 In Full Swing!
Up to now, the total trading volume exceeded $2 billion, with top trader trading volume nearing $200 million
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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
CEO Sergey Nazarov: Chainlink will be leading in managing the stablecoin of the United States.
As America gets closer to finalizing stablecoin regulations, the global digital asset market is preparing for a wave of new stablecoins. Sergey Nazarov, co-founder of Chainlink, stated that future stablecoins will need to be transparent about collateral assets in real time and capable of operating across multiple blockchains to meet the demand for seamless asset transfers.
Chainlink is currently the only platform that integrates both reserve verification and cross-chain connectivity, helping new stablecoins compete in an increasingly regulated environment. Additionally, Chainlink is also developing on-chain identity verification and legal compliance tools, preparing for a new phase of regulation.
With the CCIP protocol, Chainlink provides a solution for managing complex systems through a simple process, aiming to become the core infrastructure platform for stablecoins in the future of global finance.