#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
Hong Kong stablecoin issuer IDA integrates Chainlink to enhance transparency of Hong Kong Dollar stablecoin HKDA
Golden Finance reported that Hong Kong stablecoin issuer IDA announced the integration of Chainlink to enhance the transparency of the Hong Kong dollar stablecoin HKDA. It is reported that IDA intends to use Chainlink's tokenization asset standard service, including Chainlink's proof of reserve (PoR) for verifying asset collateral and Chainlink's Cross-Chain Interaction interoperability protocol (CCIP) for secure data and value transfer across chains, enabling HKDA stablecoin to securely move across multiple on-chain blocks.