🎉 Gate xStocks Trading is Now Live! Spot, Futures, and Alpha Zone – All Open!
📝 Share your trading experience or screenshots on Gate Square to unlock $1,000 rewards!
🎁 5 top Square creators * $100 Futures Voucher
🎉 Share your post on X – Top 10 posts by views * extra $50
How to Participate:
1️⃣ Follow Gate_Square
2️⃣ Make an original post (at least 20 words) with #Gate xStocks Trading Share#
3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
Note: You may submit the form multiple times. More posts, higher chances to win!
📅 July 3, 7:00 – July 9,
During the market long positions period, stablecoin revenue exceeded 10 billion USD.
Gate News bot reports that stablecoin issuers led by Tether generated nearly $10 billion in revenue, with Tether earning $6.56 billion, Circle earning $1.89 billion, Sky Protocol earning $384 million, and Ethena earning $332 million. This growth has strengthened the blockchain ecosystem, driving liquidity and Decentralized Finance (DeFi) activities.
Due to active trading and favorable regulations in the United States, the market capitalization of stablecoins has reached $228 billion. Tether USDt (USDT) maintains a stable price of $1.00, with a market capitalization of $158 billion and a 24-hour trading volume of $84 billion. Research indicates that stablecoins will continue to grow due to the popularity of Decentralized Finance and related supportive regulations.