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Futures
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Alpha Points
New
Trade on-chain assets and enjoy airdrop rewards!
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New
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Simple Earn
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Auto-invest on a regular basis
Dual Investment
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Pledge one crypto to borrow another
Lending Center
One-Stop Lending Hub
VIP Wealth Hub
New
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
BTC Staking
HOT
Stake BTC and earn 10% APR
GUSD Minting
New
Use USDT/USDC to mint GUSD for treasury-level yields
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- 🚀 #GateNewbieVillageEpisode5 ✖️ @Surrealist5N1K
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CZ: BUSD was strangled in the government's crackdown on the liquidation of the encryption industry.
BlockBeats news, on March 23, in response to community inquiries about the current situation of BUSD, CZ stated, “BUSD, a fully reliable stablecoin backed by USD, has been terminated as part of ‘Operation Chokepoint 2.0’ (a government-led crackdown on the cryptocurrency industry). The good news is that many new stablecoins are now being launched on BSC.” BlockBeats note: The main goal of Operation Chokepoint 2.0 is to restrict or cut off banking services for cryptocurrency-related businesses and individuals by pressuring banks and Financial Institutions, thus ‘choking’ the development of this industry.