Gate.io’s $10.9B Reserves and $2.4B Surplus: A Strong Case for USDT and Crypto Market Stability
Gate.io’s latest proof-of-reserves audit has revealed impressive figures, showcasing $10.865 billion in total holdings with a $2.415 billion surplus. This transparency not only reinforces trust in the exchange but also signals bullish stability for the crypto market, particularly for assets like USDT, BTC, and ETH. The audit highlights robust asset backing, with BTC reserves at 137.69%, ETH at 121.36%, and USDT exceeding 102%—further solidifying confidence in these key cryptocurrencies.
Gate.io Discloses $10.9B in Reserves with $2.4B Surplus, Reinforcing Trust Through Transparency
Gate.io’s latest proof-of-reserves audit reveals total holdings of $10.865 billion, including $2.415 billion in excess reserves—a bullish signal for crypto market stability. The exchange demonstrates robust asset backing with BTC reserves at 137.69% (up 2,802 BTC), ETH at 121.36% (up 188,563 ETH), and USDT exceeding 102% with 441 million new tokens added.
Notable altcoins show even stronger coverage: GT leads at 178.50%, followed by Doge (109.19%) and XRP (116.72%). The platform employs zero-knowledge proofs and Merkle Tree verification, allowing users to audit reserves without compromising privacy—a technological edge combining cold wallet security with real-time verifiability.
TRON’s Whale Dominance and USDT Supremacy Fuel TRX Rally Beyond $0.25
TRON’s TRX surged 2.47% to $0.2560 as whale accumulation and institutional activity reinforce bullish momentum. With 85.27% of supply controlled by major holders, the network demonstrates unusual stability for an altcoin. Open Interest spiked 16.60%, signaling growing speculative interest in a potential breakout.
The network has become the undisputed leader in USDT transactions, processing $70 billion in stablecoin volume—outpacing rivals USDC and TUSD. This dominance stems from TRON’s adoption in cross-border payments and emerging markets, where its low-fee structure proves advantageous. Smaller stablecoins continue losing ground as market consolidation favors TRON’s liquidity depth.
Gate.io Discloses $10.86B in Verified Assets in Latest Proof of Reserves Report
Gate.io has published its most recent Proof of Reserves audit, revealing $10.865 billion in verifiable assets as of May 8. The exchange maintains a robust reserve ratio of 128.57%, holding $2.415 billion in excess reserves beyond user liabilities.
Bitcoin reserves show particular strength with a 137.69% coverage ratio, reflecting a net increase of 2,802 BTC. ethereum reserves stand at 121.36% with 188,563 ETH added, while USDT holdings maintain a 102.63% ratio after growing by 441 million tokens. The platform’s native GT token demonstrates exceptional backing at 178.50% reserves.
The disclosure highlights Gate.io’s continued focus on transparency through advanced verification methods, including zero-knowledge proof technology. Other major assets like DOGE (109.19%) and XRP (116.72%) similarly exceed the 100% reserve benchmark.
