#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
A senior U.S. official stated that the U.S. and China may reach a rare earth protocol, and it is expected that China will ease export controls on the U.S.
On June 9, according to market news, National Economic Council Director Hassett stated that the U.S. hopes to reach a "handshake" agreement with China on the rare earth protocol in London, and it is expected that China will ease its export controls against the U.S., releasing a large amount of rare earths.