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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
Solstice Labs will launch the yield-bearing synthetic stablecoin USX on Solana this summer.
PANews, April 29 news, according to The Block report, Solstice Labs, supported by the cryptocurrency investment institution Deus X Capital, announced that it will launch a yield-generating synthetic stablecoin USX and a native staking protocol on the Solana Blockchain this summer. USX achieves delta-neutral returns through arbitrage and staking strategies, fully collateralized by USDT and USDC to maintain its peg, and holders can seamlessly access the YieldVault protocol with a total lock-up position of 100 million USD. Currently, the stablecoin market on the Solana blockchain accounts for more than 5% of the total $238 billion in the network, but there is a lack of fiat-pegged coins designed specifically for passive income. The CEO of Solstice Labs stated that USX aims to transparently provide retail and institutional users with yield opportunities that are typically exclusive to institutions in traditional DeFi.