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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
Analyst: The tariff debate has had a serious impact on the US dollar.
On June 12, Felix Brill, chief investment officer of VP Bank, said that the tariff debate had a serious impact on the dollar. Investors are turning to European investments, which is good for the euro. After a sharp drop in the US dollar, technical analysis points to a consolidation of the US dollar. Given the high trade deficit in the United States, the trade-weighted dollar is grossly overvalued and prone to further depreciation. This deficit is closely linked to record levels of external debt. The higher the external debt, the more difficult it is to obtain additional funds. "Correcting this imbalance requires more attractive U.S. asset prices, which are largely achieved through the depreciation of the dollar," Brill said.