#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
JD.com: Expects to obtain a license in early Q4 this year and launch the JD stablecoin based on public blockchain issuance.
On June 19, according to a report by The Paper, JD responded to journalists regarding the topic of "planning to launch a stablecoin as early as the fourth quarter of this year," stating, "The relevant statement is accurate, but the earlier timeline has a clear premise: the specific timetable depends on regulation. We hope to obtain a license in early this year's fourth quarter and simultaneously launch the JD stablecoin. The JD stablecoin will be issued on a public chain, and at that time, anyone can publicly check the issuance volume and other data."