- Pin
- #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!
🎁 Meanwhile, Gate’s BTC Staking event is in full swing! Simply stake your BTC and earn up to 3% APY. Click the link to start staking and enjoy your earnings: https://ww - 🏁 Gate Red Bull Racing Tour 2025 In Full Swing!
Up to now, the total trading volume exceeded $2 billion, with top trader trading volume nearing $200 million
Join the race now & fuel your trades for real-world rewards:
✅ 5,000 GT Prize Pool
✅ VIP Seat at an F1 Grand Prix
✅ Futures Vouchers for New Signups
Start your engines & trade fast
Top the leaderboards. The Race is ON!
👉 Go Now: www.gate.com/competition/f1rb/s1
#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
The report shows that Tether and Tron dominate the rapidly rising stablecoin payment sector.
Gate News bot news, analysis from the company Artemis in a report titled "Stablecoin Payments from Scratch" pointed out that Tether's USDT token and the Tron blockchain network dominate the rapidly rising stablecoin payment industry.
The report, assisted by venture capital firms Dragonfly and Castle Island Ventures, analyzed data from 31 stablecoin payment companies and found that the leading stablecoin USDT accounted for 90% of payment transaction volume, followed by Circle's USDC in second place. Tron is the preferred settlement network, accounting for approximately 60% of transaction volume, followed by Ethereum and Polygon.
The snapshot of stablecoin payment volume in February shows an annualized payment volume of 72.3 billion USD, covering various payment types and sectors (B2B, P2P, B2C, credit cards, and lending).
In addition, Dragonfly general partner Rob Hadick stated that Circle, which applied for an IPO this week on the New York Stock Exchange, has been seizing market share in issuance from Tether. Therefore, in terms of payment volume, the expected level may be on par with Tether or grow proportionally.
Source: CoinDesk