# Gate reports 104% cold-wallet reserve coverage, but its figures rest on snapshots taken on different dates

Separately, CryptoSlate found that Bitstamp-issued dollar offers on the XRP Ledger held less funded inventory than the smaller RLUSD book at the November 4 close, as Ripple moves to pay suppliers in its stablecoin.

- Published: 2026-11-06T09:52:06.667Z
- Canonical: https://polylog.news/crypto/2026-11-06/gate-reports-104-cold-wallet-reserve-coverage-but-its-figure
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CryptoSlate](https://cryptoslate.com/gate-boasts-104-cold-reserve-coverage-but-separate-snapshot-dates-raise-red-flags/), [CryptoSlate](https://cryptoslate.com/xrp-sellers-face-massive-slip-as-usd-order-book-depth-fakes-size/), [crypto.news](https://crypto.news/ripple-wants-to-pay-suppliers-in-rlusd-where-does-xrp-fit/)

The exchange Gate says its cold wallets hold 104% of customer liabilities. CryptoSlate's review found that the figures come from snapshots taken on different dates. Gate's new test of what it could lose from its hot wallets also uses separa…

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