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Up to now, the total trading volume exceeded $2 billion, with top trader trading volume nearing $200 million
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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
Digital Bank network Metallicus obtains FedNow transaction certification
Odaily Planet Daily News Digital Bank network Metallicus announced the completion of the testing and certification phase, and launched its services on the FedNow instant payment platform of the Federal Reserve. The Federal Reserve announced on October 22 that Metal Blockchain is integrated with FedNow. The initial announcement of this partnership will be made before the launch of FedNow in mid-2023, with the goal of gradually attracting thousands of Financial Institutions to join the platform. Metal Blockchain is an L0 network developed by Metallicus based on the Avalanche branch. The developers claim that the project is designed to be secure and theoretically infinitely scalable. Information provided on the official website indicates that it is designed to "deploy an unlimited number of subnets, with each subnet capable of processing 4,500 transactions per second." The platform supports multiple programming languages and has built-in support for DApps and smart contracts. The Federal Reserve launched the FedNow payment service in July 2023, aiming to promote real-time payments and replace the outdated FedACH system. (Cointelegraph)