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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
encryption payment company MoonPay has acquisition stablecoin company Iron
PANews March 13th news, according to CNBC, encryption payment giant MoonPay is intensifying its efforts to enter the enterprise market through the acquisition API-first stablecoin infrastructure startup Iron. This is MoonPay's second major acquisition in two months, highlighting its ambition to dominate the rapidly rising stablecoin payment market. MoonPay co-founder and CEO Ivan Soto-Wright said in an interview: 'We believe that everyone will have a digital currency wallet, whether it is within a bank account or exists independently. And we are building backward compatibility with the existing financial system.' Soto-Wright likened this acquisition to PayPal's acquisition of Braintree, which processes credit card transactions for companies like Meta, with total payments close to $600 billion last year. Soto-Wright said: 'This is our Braintree moment, Iron's technology positions MoonPay to become an authoritative infrastructure provider for enterprise Stable Coin solutions.'