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- 🏁 Gate Red Bull Racing Tour 2025 In Full Swing!
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
Ondo Achieves New TVL Record of up to US$1.3 Billion in Collaboration with Ripple
The Ondo Finance partnership (ONDO) with Ripple brings the tokenization of U.S. Treasuries (U.S. Treasuries) to the XRP Ledger, allowing access and redemption 24/7 using Ripple USD stablecoin (RLUSD).
This integration is supported by BUIDL funds from BlackRock, making Ondo a center for infrastructure *Decentralized Finance* (DeFi) institutional.
*Total Value Locked* (TVL) ONDO reached a new all-time high of US$1.36 billion, up US$20 million from the previous achievement. Ondo's market capitalization hit US$2.82 billion with a daily trading volume of US$167 million.
Although direct income for token holders is still limited, the growth of TVL and the integration of XRPL show the success of Ondo's strategy in bringing real-world assets (RWA) to DeFi.
This collaboration strengthens the position of XRPL as the primary platform for the tokenization of traditional financial assets, efficiently and transparently connecting institutional markets with blockchain technology.