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- 🔥 Gate Square #Gate Alpha Third Points Carnival# Trading Sharing Event - 5 Days Left!
Share Alpha trading screenshots with #Gate Alpha Trading Share# to split $100!
🎁 10 lucky users * 10 USDT each
📅 July 4, 4:00 – July 20, 16:00 UTC+8
Gate Alpha 3rd Points Carnival Issue 10 is in full swing!
Trade and post for double the chances to win!
Learn more: https://www.gate.com/campaigns/1522alpha?pid=KOL&ch=5J261cdf
- 📢 Gate has released its latest Proof of Reserves report!
As of July 11, 2025:
💰 Total reserves reached $10.504 billion
📈 Reserve ratio stands at 126.03%
✅ Covers over 350 types of user assets
🔼 Surplus reserves increased 10.66% to $2.17 billion
Committed to transparency and user fund security.
📎 Learn more: https://www.gate.com/proof-of-reserves
- 📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
- 🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
Gate has surpassed 30M users worldwide — not just a number, but a journey we've built together.
Remember the thrill of opening your first account, or the Gate merch that’s been part of your daily life?
📸 Join the #MyGateMoment# campaign!
Share your story on Gate Square, and embrace the next 30 million together!
✅ How to Participate:
1️⃣ Post a photo or video with Gate elements
2️⃣ Add #MyGateMoment# and share your story, wishes, or thoughts
3️⃣ Share your post on Twitter (X) — top 10 views will get extra rewards!
👉
Opinion: It is necessary to pass stable currency legislation after PayPal launches stable currency
Author: Sarah Wynn, THE BLOCK; Compiler: Songxue, Jinse Finance
House Financial Services Committee Chairman Patrick T. McHenry, R-N.C., emphasized the need for legislation to regulate stablecoins following PayPal's launch on Monday. **
“This announcement is a clear signal that stablecoins — if issued within a clear regulatory framework — have the potential to become the backbone of our 21st century payments system,” McHenry said in a statement on Monday.
“We are currently at a crossroads to keep America at the forefront of digital asset innovation. Congress is making significant bipartisan progress on legislation to ensure America leads the financial system of the future. We must get this job done,” McHenry added.
Payments company PayPal announced Monday that it is partnering with Paxos to launch a U.S. dollar stablecoin. The stablecoin will be pegged to the U.S. dollar and made available to PayPal’s U.S. customers “gradually,” the company said.
PayPal first explored issuing a stablecoin in 2021, but reportedly suffered setbacks following heightened regulatory scrutiny.
The Stablecoin Act is developing, but has had some setbacks
The House Financial Services Committee late last month proposed a regulatory framework for payment stablecoins, known as the Payments Stablecoin Clarity Act, which McHenry said would protect consumers through federal guardrails while promoting innovation in the United States.
Democrats, including Rep. Maxine Waters (D-Calif.), the committee's former chair, expressed concern last month that companies such as Amazon and Facebook could issue their own digital currencies under the current bill.