#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
Bhutan has made millions of dollars from hydropower mining and has paid government salaries for two years
Gate.io According to Reuters, two senior Bhutanese officials revealed that the country has earned millions of dollars through cryptocurrency investments and has used part of the proceeds to pay government employees for two years.
Bhutan is using 100% hydroelectric power for green cryptocurrency mining. Officials are evaluating options for selling these "green coins" to large corporations that need to meet ESG (environmental, social, and governance) goals in order to promote green finance.
Source: Wu said