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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
Visa: All money transfer organizations will need a stablecoin strategy this year.
Visa has just announced the expansion of stablecoin payment capabilities in the Central and Eastern Europe, Middle East, and Africa (CEMEA) through a partnership with African fintech Yellow Card. This move highlights the increasingly essential role of stablecoins in the global payment ecosystem.
Godfrey Sullivan, Senior Vice President of Visa, predicts that by 2025, every organization involved in cash flow will need a stablecoin strategy. Visa has processed over 225 million USD in stablecoin payments since testing began in 2023.
The collaboration with Yellow Card aims to test stablecoin applications in fund management and expand cross-border payments via Visa Direct. The CEO of Yellow Card affirmed that they are working with Visa to build a bridge between traditional finance and the future of currency.