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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
European Central Bank board member Mahrouf: The European Central Bank interest rates may remain unchanged in the future.
Gate News bot news, European Central Bank committee member Mahrouf stated that the interest rate of the European Central Bank may remain unchanged in the foreseeable future, but this does not mean that the bank will not adjust its policy in the next meeting.
"I certainly think that the current level of interest rates is likely to remain unchanged for the foreseeable future. Whether that means we will stand still at the next meeting will depend on the realities facing the next meeting in July," Makhruf said at a press conference on Wednesday. He said policymakers need to be cautious because of the uncertainty about the direction of tariff policy, downside risks to eurozone economic growth and mixed inflation risks.
Source: Jinshi