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- 📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
💡 Content creation + airdrop participation = double points. You could be the grand prize winner!
💰Total prize pool: 4,464 $ESPORTS
🏆 First Prize (1 winner): 964 tokens
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🚀 How to participate:
1️⃣ Publish an
- 📢 Gate Square #TopContentChallenge# is coming! Post high-quality content and win exclusive rewards!
🌟 We will select outstanding posts for exposure, and help elevate your influence!
💡 How to Participate?
1.Add the #TopContentChallenge# tag to your post.
2.Posts must be over 60 characters and receive at least 3 interactions (Likes/Comment/Share).
3.Post may include only the #TopContentChallenge# tag.
🎁 We’ll select 1 top post to win $50 Futures Voucher every Tuesday and Thursday!
📃 High-quality posts will be shared on Gate Square and labeled as [Featured Posts]!
📌 Rewards will be distribu
- 🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
Gate has surpassed 30M users worldwide — not just a number, but a journey we've built together.
Remember the thrill of opening your first account, or the Gate merch that’s been part of your daily life?
📸 Join the #MyGateMoment# campaign!
Share your story on Gate Square, and embrace the next 30 million together!
✅ How to Participate:
1️⃣ Post a photo or video with Gate elements
2️⃣ Add #MyGateMoment# and share your story, wishes, or thoughts
3️⃣ Share your post on Twitter (X) — top 10 views will get extra rewards!
👉
PayPal to Offer Annual Percentage Rate of 3.7% on Stablecoin PYUSD - Aiming for Expansion | CoinDesk JAPAN
According to a report by Bloomberg, this yield is calculated on a daily basis and paid in PYUSD every month. The aim is to enhance the appeal of PYUSD and promote its adoption by differentiating it from competing stablecoins.
This program is scheduled to start this summer, and users can earn rewards by holding PYUSD in their PayPal and Venmo wallets. PYUSD can be used for payments through PayPal's checkout feature, as well as for transferring to other users and converting to USD.
Jose Fernandez da Ponte, the head of blockchain and digital currency at PayPal, stated, "We are in the middle of a 10-year plan." The goal is to build a new payment infrastructure that achieves cost reduction and speed improvement. Additionally, CEO Alex Chriss also mentioned that stablecoins have the potential to reshape the economics of the payment environment.
PYUSD was launched in 2023 and is issued by Paxos Trust, backed by reserve assets such as US Treasury securities. Despite PayPal's high brand recognition, data from RWA.xyz indicates that PYUSD's market share remains small, with a market capitalization of approximately $868 million (about 121.5 billion yen, based on an exchange rate of 140 yen to the dollar). In contrast, the market-leading Tether's (USDT) market capitalization has reached $143 billion (about 20.2 trillion yen).
This move is part of PayPal's expansion into the field of cryptocurrencies. PayPal is expanding the range of supported cryptocurrencies, adding Chainlink (LINK) and Solana (SOL) this month.
| Translation & Editing: Rina Hayashi | Image: Marques Thomas/Unsplash ｜Original Text: PayPal to Pay 3.7% Annual Percentage Rate on stablecoin PYUSD to Encourage Broader Use