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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
Powell stated: The current monetary policy is only "moderately restrictive" and the interest rate level is not very high.
Federal Reserve Chairman Jerome Powell said at a press conference that monetary policy is still needed to impose some restrictions on the economy in view of the current state of inflation. The current level of interest rates is not very high. The current policy, which can be described as moderately or moderately tightened, may now be more "moderately restrictive". "If you look at the current performance of the economy, it doesn't look like it's going through a 'very tight monetary policy,'" he added. "