#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
PayPal introduces the stablecoin PYUSD to Stellar for cross-border remittances and payments.
Odaily News PayPal announced that it has introduced its stablecoin PYUSD on Stellar for cross-border remittances and payment financing. PYUSD is already operating on Ethereum and Solana. This cooperation will enable small and medium-sized enterprises facing accounts receivable latency or pre-financing requirements to access a new source of real-time working capital. (CoinDesk)