Overview of popular cryptocurrencies on February 20, 2026, with the top three in popularity being: Enso, RaveDAO, Midnight

The stablecoin legislation is about to be implemented, and mainstream CEX stablecoin revenue could surge up to 7 times

February 24 News, as the United States advances its stablecoin regulatory framework, the "Genius Act" is being viewed by the market as a key policy to reshape the stablecoin industry landscape. Analysts point out that under the push of this act, the stablecoin-related revenue of the United States' largest compliant CEX is expected to grow by 2 to 7 times, and some institutions interpret this as a potential long-term "tenfold" growth logic, making it one of the important narratives in the crypto market by 2026. The act was signed by Trump, with the core goal of establishing a clear compliance system for U.S. stablecoins, including requirements for issuers to hold high-quality liquid assets such as U.S. Treasury bonds in a 1:1 ratio as reserves, and strengthening anti-money laundering and regulatory transparency. This institutional design will significantly reduce compliance uncertainties for stablecoins, increase institutional funding willingness, and promote the expansion of regulated stablecoins in payments, settlements, and on-chain finance.

TRIA (Tria) increased by 17.95% in the past 24 hours

Gate News Bot Message, February 24th, according to CoinMarketCap data, as of press time, TRIA (Tria) is trading at $0.02, up 17.95% in the past 24 hours, reaching a high of $0.02 and a low of $0.01. The current market capitalization is approximately $39.4 million, an increase of $6 million compared to yesterday. Tria is a global cryptocurrency lifestyle platform offering an integrated Tria Card, earning rewards, leverage trading, and cross-chain exchanges. Users can spend with the Tria Card at over 1.3 million merchants in more than 150 countries, support recharge with over 1,000 tokens without custody, and earn rebates. The platform uses BestPath AVS technology to provide optimized transaction routing, helping users get the best

Gate's spot market share remains among the top three globally, with derivatives ranking fourth in the industry.

CoinDesk's latest report shows that Gate ranked third in the global centralized exchange spot market and fourth in the derivatives market in January 2023, with a spot trading volume of $74.4 billion, an increase of 11.1%. Gate ranks among the top three retail exchanges in open interest contracts and has launched GateAI to enable natural language trading functions, enhancing user experience.

LUNA (Terra) increased by 6.08% over the past 24 hours, with a market capitalization of approximately $45.4 million

Gate News Bot Message, February 24th, according to CoinMarketCap data, LUNA (Terra) is currently trading at $0.06, up 6.08% in the past 24 hours, reaching a high of $0.07 and a low of $0.06. The 24-hour trading volume is $19.6 million. The current market cap is approximately $45.4 million, an increase of $2.6 million from yesterday.

LUNA Crash Initiator? Terraform Labs Sues Wall Street's Jane Street: Illegally Dumped $85 Million UST

Terraform Labs bankruptcy trustee sues Wall Street quantitative trading firm Jane Street, accusing it of using insider information to sell 85 million UST before the UST depeg, becoming a key player in the incident. Jane Street responded to the allegations as "baseless" and blamed Terraform's management failures. This case reflects that the aftermath of the Terra collapse is still ongoing and will further trigger legal battles.

MET (Meteora) has decreased by 15.59% over the past 24 hours, now trading at $0.17

Gate News Bot message, according to CoinMarketCap data, as of press time, MET (Meteora) is currently priced at $0.17, down 15.59% in the past 24 hours, with a high of $0.23 and a low of $0.17. The 24-hour trading volume reached $25.9 million. The current market capitalization is approximately $83.2 million, a decrease of about $15.36 million compared to yesterday.