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Gate.io discloses 115% reserve coverage across 500 assets in latest Proof of Reserves report
Gate.io has released its latest Proof of Reserves report, showing a total reserve ratio of 115% across nearly 500 user assets, including 25,292 BTC and USD1 reserves valued at 782 million USD, with major assets reportedly backed above industry benchmarks.
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Gate.io has published an updated Proof of Reserves report, detailing a total reserve ratio of 115%. According to the report, the coverage includes nearly 500 different user assets, with reserves of 25,292 BTC and USD1 (a USD-pegged stablecoin) holdings valued at 782 million USD. The disclosure states that all major assets are backed at levels above industry-standard benchmarks, with the intent to reinforce transparency and demonstrate that the platform’s reserves exceed user liabilities by 15%.
Gate.io is a cryptocurrency exchange that supports spot, margin, futures, and ETF trading across a wide range of digital assets, including its proprietary GateToken (GT). Users have access to cloud mining, cryptocurrency lending and borrowing, customizable trading strategies, and an integrated TradingView terminal. The platform also offers educational resources with earning opportunities, monthly introductions of new assets through user voting, and 24/7 multilingual technical support. More details can be found in the broker profile on Traders Union.
In a recent development, Gate.io announced the launch of USD-denominated trading pairs for U.S. users alongside expanded compliance licensing in global jurisdictions. For more information on this initiative, see the previous Gate.io update on Traders Union.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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