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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
Tether announces strategic investment in the African Blockchain financial platform Shiga Digital.
PANews reported on June 5 that, according to the official blog, stablecoin issuer Tether announced a strategic investment in Shiga Digital, an African blockchain financial platform, with an undisclosed amount. The cooperation aims to provide on-chain financial services such as cross-border payment and foreign exchange management for African enterprises through the USDT stablecoin, with a focus on covering traditional industries such as oil and gas and the international settlement needs of freelancers. Shiga Digital provides customized services such as virtual accounts and over-the-counter trading. Its upcoming on-chain gateway will allow users to conduct daily transactions directly using USDT without the need to exchange for local currency. Tether CEO Paolo Ardoino stated that this collaboration will drive blockchain technology to become a core component of the financial infrastructure in Africa.