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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
Ripple Integrates USDC on XRP Ledger - Unchained
Ripple has integrated Circle’s USDC stablecoin directly onto the XRP Ledger (XRPL), a move that became official on Thursday and makes USDC available natively on the XRPL mainnet.
While XRPL is often associated with Ripple, the network is maintained by a global community of validators and developers. It uses the Federated Consensus Protocol, where validators agree on the validity and order of transactions every three to five seconds.
This story is an excerpt from the Unchained Daily newsletter.
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The USDC integration is expected to boost liquidity on the XRPL and facilitate cross-border payments, remittances, and decentralized finance (DeFi) applications.
It also aligns with Circle’s efforts to expand USDC’s utility, with its market share now representing around 25% of the total stablecoin market, second to Tether’s USDT which remains the clear leader.