📊 Gate.io December #Reserve Report# : Total Reserve Ratio Hits 123.91%, Key Metrics Reach Historic Highs!
Reserve Data Summary:
• Total Reserve Value: $9.566 billion, marking an all-time high and reflecting Gate.io’s solid financial foundation and unwavering market confidence.
• Total Reserve Ratio: 123.91%, with multiple cryptocurrencies exceeding 120% in reserve ratios, positioning Gate.io ahead of industry benchmarks.
• Excess Reserves: $1.846 billion, another record, demonstrating Gate.io’s ongoing commitment to safeguarding user assets.
• Excess Reserve Growth: 68.89%, highlighting the pl
Stable Coin expert Austin Campbell has been appointed as the CEO of WSPN USA, to promote the innovation and expansion of Stable Coin.
On October 25th, Stable Coin project WSPN announced the appointment of Stable Coin and digital asset market expert Austin Campbell as the CEO of the company's US region, with the goal of making WUSD the leading solution in the emerging Stable Coin 2.0 field. As the CEO of the US region, Mr. Campbell will lead the promotion of WUSD adoption, optimize finance and risk management, improve user experience, and expand strategic partnerships. It is reported that Mr. Campbell is a senior expert in the Stable Coin field. He has managed stable value products at JPMorgan and Citibank, and has managed reserve funds and risk control for Stable Coin (BUSD, USDP) during his time at Paxos. He also participated in the design of Stable Coin PYUSD. Mr. Campbell has accumulated rich professional knowledge and industry experience in Stable Coin mechanisms, digital asset trading, and Risk Management.