📊 Gate's latest proof-of-reserves shows record highs
As of Aug 8, total reserves hit $12.02B with a 123.98% reserve ratio — covering 400+ assets.
That’s up from $10.504B last period, with excess reserves climbing to $2.32B (+7.14%). 💪
Highlights:
🔹 BTC: 25,809 held vs 19,334 user total (33.48% excess)
🔹 ETH: 418,536 held vs 338,663 (23.58% excess)
🔹 USDT: 1.28B held vs 1.00B (26.74% excess)
🔹 GT, DOGE, XRP all >100% reserve baseline
Gate says its verifiable reserves + multi-layer security keep user funds safe & transparent.
#Crypto #Gate #PoR #Bitcoin #Ethereum #USDT #Transparency