#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
White House advisors support the "GENIUS Stablecoin Act" to promote the United States' leading position in digital asset innovation.
On June 17, Bo Hines, a digital asset policy advisor at the White House, expressed希望看到 the "GENIUS stablecoin Act" ultimately passed, this landmark legislation will:
Upgrade our payment channels to adapt to the digital age;
Establish the United States' leading position in the digital asset innovation field;
Maintain the status of the US dollar as the world's reserve currency.
Provide regulatory clarity for stablecoin;
Provide Americans with faster, cheaper, and more reliable transactions.
The future of finance has arrived - the United States is ready to lead it.