🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
Wormhole Co-founder: Tether and Circle Profit from High Interest Rate Environment, but Stablecoin Holders Struggle to See Returns
Golden Finance reports that Wormhole co-founder Dan Reecer criticized stablecoin giants Tether and Circle in a recent interview, stating that these two companies are profiting from the current high interest rate environment while stablecoin holders are seeing no returns. Tether and Circle support their stablecoins by holding high-yield U.S. Treasury bonds, but they do not share the earnings directly with users, as doing so might provoke regulatory discontent.