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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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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
Circle Launches Refund Protocol Smart Contract to Strengthen Stablecoin Payment Security
Gate.io News bot, stablecoin developer Circle has launched Refund Protocol, a non-custodial dispute resolution smart contract dedicated to stablecoin payments. The protocol integrates on-chain dispute resolution and custody mechanisms to provide non-custodial refunds, lock-up periods, and arbitration mediation capabilities for ERC-20 token payments, reducing reliance on centralized third parties.
The Refund Protocol gives arbiters the ability to set a lock-up period and approve refunds to a predetermined address, while users can withdraw funds in advance by paying a fee.
Source: Wu said