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Gate.io Proves the Money’s Real—$10.87B in Assets Backed by Latest PoR Report
Gate.io Proves the Money’s Real—$10.87B in Assets Backed by Latest PoR Report
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Crypto exchanges hate this one trick: actually showing the receipts. Gate.io just dropped its latest proof-of-reserves audit, flashing a cool $10.865 billion in verifiable assets—because nothing reassures traders like a nine-figure flex.
The breakdown? 40% BTC/ETH, 30% stablecoins, and 30% ’other’ (read: the alts your cousin won’t shut up about). No fractional reserve funny business here—just cold, hard blockchain-verified accounting. Mostly.
While traditional banks operate on ’trust us’ and a handshake, Gate.io’s move pressures rivals to put up or shut up. Of course, in crypto, even proof-of-reserves can’t prove they won’t rug tomorrow—but hey, it’s progress.
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