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- 🎊 ETH Deposit & Trading Carnival Kicks Off!
Join the Trading Volume & Net Deposit Leaderboards to win from a 20 ETH prize pool
🚀 Climb the ranks and claim your ETH reward: https://www.gate.com/campaigns/site/200
💥 Tiered Prize Pool – Higher total volume unlocks bigger rewards
Learn more: https://www.gate.com/announcements/article/46166
- 📢 ETH Heading for $4800? Have Your Say! Show Off on Gate Square & Win 0.1 ETH!
The next bull market prophet could be you! Want your insights to hit the Square trending list and earn ETH rewards? Now’s your chance!
💰 0.1 ETH to be shared between 5 top Square posts + 5 top X (Twitter) posts by views!
🎮 How to Join – Zero Barriers, ETH Up for Grabs!
1.Join the Hot Topic Debate!
Post in Gate Square or under ETH chart with #ETH Hits 4800# and #ETH# . Share your thoughts on:
Can ETH break $4800?
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What's your ETH holding strategy?
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Or any o
- 🧠 #GateGiveaway# - Crypto Math Challenge！
💰 $10 Futures Voucher * 4 winners
To join:
1️⃣ Follow Gate_Square
2️⃣ Like this post
3️⃣ Drop your answer in the comments
📅 Ends at 4:00 AM July 22 (UTC)
- 🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd - 🚨 Gate Alpha Ambassador Recruitment is Now Open!
📣 We’re looking for passionate Web3 creators and community promoters
🚀 Join us as a Gate Alpha Ambassador to help build our brand and promote high-potential early-stage on-chain assets
🎁 Earn up to 100U per task
💰 Top contributors can earn up to 1000U per month
🛠 Flexible collaboration with full support
Apply now 👉 https://www.gate.com/questionnaire/6888
XAUt market capitalization breaks 86 million USD, gold stablecoin welcomes growth opportunities.
XAUt Rises Rapidly: New Opportunities for Gold Stablecoins
The global economic turmoil caused by the COVID-19 pandemic has provided a rapid growth opportunity for Tether's gold stablecoin XAUt. Since its launch at the end of January this year, the market capitalization of XAUt has surged to approximately $86 million, with a daily trading volume exceeding $110,000, and it is currently listed on 5 trading platforms.
Each XAUt corresponds to one ounce of physical gold. The increasing demand for hedging risks has driven the growth of XAUt. Investors can easily gain exposure to gold through XAUt without paying custody fees and can redeem physical gold. XAUt also offers high divisibility and the advantage of 24-hour trading.
Currently, XAUt trading is primarily concentrated on three platforms: Delta Ex, FTX, and Bitfinex, mainly focusing on derivatives. Several exchanges plan to launch more XAUt-related products, such as perpetual contracts and futures. Some platforms also plan to introduce XAUt to the Lightning Network to further enhance trading efficiency.
Despite the rapid development of XAUt, industry insiders believe it is difficult to reach the market capitalization scale of USDt. Compared to fiat stablecoins, the issuance of gold stablecoins is more complex and has greater volatility. However, there are views that the market value of such stablecoins may reach hundreds of billions of dollars in the future.
XAUt still faces some challenges, such as issues with gold supply shortages. Competitors like PAX Gold may have an advantage in terms of compliance. Whether XAUt can become a true "digital gold" remains to be seen.