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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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Exclusive for new Gate users:
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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
WUSD will undergo Smart Contract upgrade from December 13th to December 31st, 2024
On December 13, WSPN (Worldwide Stablecoin Payment Network), a digital payment solution provider, announced that starting from December 13, its Stable Coin product WUSD will undergo a Smart Contract upgrade from V1 to V2. After the contract Address migration is completed, WSPN will bring users an upgraded experience in terms of security, functionality, and scalability, and further promote the widespread use of WUSD globally in the future. The new contract Address has been announced. According to the announcement plan, the WUSD Smart Contract upgrade will take place between December 13th and December 31st, 2024. During this period, users who already hold WUSD on the cooperating platform do not need to take any further action. WSPN stated that they will strive to smoothly migrate all platform, wallet, and integration WUSD new contract Addresses without affecting user usage, laying the technical foundation for comprehensive digital financial services in 2025 and beyond.