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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.
💬 Do you think Bitcoin will become a new norm for corporate asset allocation? How might this impact Bitcoin’s price? What’s your recent BTC trading strategy? Post to share your price predictions, market analysis, and strategies with us using the topic tag!
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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
Stablecoins currently account for 1.1% of the US dollar supply.
Gate News bot news, according to Token Terminal data, stablecoins have reached a new milestone, currently accounting for 1.1% of the total U.S. dollar (M2) money supply. Although stablecoins still represent a small portion, their influence is growing, sparking discussions about their potential to reshape the global financial landscape.
The article states: "Many stablecoin startups will drive this ratio close to 100%." This bold prediction reflects the industry's ambition to integrate programmable digital assets into mainstream financial infrastructure.
This trend is consistent with the broader developments in the field, including the increasing use of Visa and Mastercard stablecoin integration of USDC, USDT, and PYUSD in cross-border payments.
Although a growth rate of 1.1% may not seem high, this trajectory indicates a significant shift in the way value is stored and transferred. With stablecoins now widely used in various fields from trading, DeFi to remittances and payroll, the path to greater currency integration may have already begun.
(Source: Token Terminal)