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🔈 Gate has released a new Proof of Reserves (PoR) report
✔️ Key indicators:
🔹 Total reserve ratio - 115%, reserves cover nearly 500 user assets
🔹 Excess reserve ratio for BTC - 32.73%. User assets increased from 17,216 BTC in the previous period to 19,054 BTC, and the platform's reserves reached 25,292 BTC
🔹 Excess reserve ratio for ETH - 22.91%, platform reserves reached 423,960 ETH
🔹 Excess reserve ratio for USDC - 30.75%, 117 million USDC secured in platform reserves
🔹 Excess reserve ratio for USD1 - 9.87%. User assets grew from 6.82 million in the previous period to 712 million, and platform reserves amounted to 782 million USD1
🔹 User assets of GUSD increased from 108 million in the previous period to 185 million tokens, with an overcollateralization ratio of 72.81%
🔹 GT and XRP maintained reserve ratios significantly above the baseline 100% - 134.18% and 116.92%, respectively
Thanks to the consistently high reserve ratios for key assets exceeding industry benchmarks, Gate continues to strengthen transparency, stability, and user trust on the platform.
📎 Full report: https://www.gate.com/announcements/article/100258
#BitcoinBouncesBack