📣 Creators, Exciting News!
Gate Square Certified Creator Application Is Now Live!
How to apply:
1️⃣ Open App → Tap [Square] at the bottom → Click your avatar in the top right
2️⃣ Tap [Get Certified] under your avatar
3️⃣ Once approved, you’ll get an exclusive verified badge that highlights your credibility and expertise!
Note: You need to update App to version 7.25.0 or above to apply.
The application channel is now open to KOLs, project teams, media, and business partners!
Super low threshold, just 500 followers + active posting to apply!
At Gate Square, everyone can be a community leader! �
JPMorgan: The US stablecoin market may fall into a Zero-sum Game.
ChainCatcher news, JPMorgan's latest research report points out that the $270 billion stablecoin market may face a zero-sum game situation. The report shows that although the stablecoin market size has significantly risen, its share of the total market capitalization of crypto assets has remained below 8% since 2020. After the passage of stablecoin legislation in the United States, market competition has intensified. Tether plans to launch a fully compliant USAT stablecoin, while fintech giants like PayPal and Robinhood are also getting on board. In response, Circle is developing a proprietary blockchain, Arc, to enhance the competitiveness of USDC. JPMorgan analysts believe that unless the overall cryptocurrency market expands, new entrants may only redistribute existing market share rather than bring substantial growth.