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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
FSB Chairman Klaas Knot: The correlation between the Crypto Assets market and the TradFi system is increasing.
Gate News bot message, the Financial Stability Board ( FSB ) is about to see its chairman Klaas Knot step down and has released a latest statement. According to CrowdfundInsider, Knot pointed out that stablecoin issuance institutions currently hold a large amount of U.S. Treasury bonds, and the connection between the Crypto Assets market and the TradFi system continues to deepen.
At the same time, the launch of the Crypto Assets ETF has lowered the participation threshold for retail investors. In response to this development, Knot stated: "The encryption ecosystem is evolving, and the regulatory framework must also adjust accordingly."
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