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Data: Gate's latest total reserve ratio reaches 122%, and the BTC reserve ratio continues to increase to 147%
Mars Finance News, according to an official announcement, Gate has released a new reserve fund report. Data shows that Gate’s total reserve ratio has reached 122%, covering nearly 500 types of user assets. Gate consistently ensures the security of user assets through verifiable mechanisms. Notably, BTC user assets amount to 17,216 coins, while the platform holds 25,404 coins in reserve, with a BTC reserve ratio of 147%, and the excess reserve ratio has increased from 40.69% to 47.56%. For other core assets, Gate also maintains sufficient reserves. ETH user assets increased from 337,565 to 358,121 coins, with platform reserves rising from 419,320 to 439,611 coins, and an excess reserve ratio of 22.75%. In stablecoins, USDT user assets grew from 1.385 billion to 1.451 billion coins, with platform reserves at 1.477 billion coins, and an excess reserve ratio of 1.79%. USDC user assets are 122 million coins, with platform reserves of 134 million coins, and an excess ratio of 10.18%; GUSD user assets are 108 million coins, with platform reserves of 320 million coins, and an excess ratio of 196.5%. Additionally, reserves for major assets like GT and XRP are also significantly above the 100% reserve standard, reaching 136.84% and 116.54%, respectively. The latest reserve fund report from Gate indicates that its core asset reserves are solid, providing a strong foundation for the safety and stability of user funds.