#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
El Salvador's cryptocurrency remittance inflows plummeted by 45% in the first quarter.
According to the Central Bank of El Salvador, the amount of remittances from the country's cryptocurrency channels in the first quarter of 2025 fell by 45% compared to the same period last year, according to Bitcoin News. Specifically, remittances through crypto channels totaled $16 million in the first four months of 2025, down sharply from $28.83 million in the same period last year. The data also shows that cryptocurrency remittances account for less than 1% of all foreign exchange remittances in the country.
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