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- 🎉 𝐇𝐚𝐩𝐩𝐲 𝐌𝐨𝐭𝐡𝐞𝐫'𝐬 𝐃𝐚𝐲 — Send Your Blessings to Mom.
🎁 What gift would you like to give your mom this Mother's Day?
💰 $10 Points x 4 winners
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📅 Ends at 16:00 PM, May 12 (UTC)
- Dear Gate Post users, we’re excited to announce a brand-new upgrade to our user interface! The new version is simpler, smoother, and packed with many thoughtful new features. Update now and explore what's new! What do you think of the new Gate Post experience? Which features do you like most? Have you noticed any surprises or improvements? Share your experience now to split a $50 prize pool!
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How to participate:
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2. Create a post with the hashtag #MyGatePostUpgradeExperience# , sharing your feedback and experie
- 🚀 Gate.io #Launchpad# Initial Offering: #PFVS#
🏆 Commit #USDT# to Share 10,000,000 #PFVS# . The More You Commit, the More $PFVS You Receive!
📅 Duration: 03:00 AM, May 13th - 12:00 PM, May 16th (UTC)
💎 Commit USDT Now: https://www.gate.io/launchpad/2300
Learn More: https://www.gate.io/announcements/article/44878
#GateioLaunchpad#
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⏰ Click the red packet icon as soon as the countdown ends. First come, first served.
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➜ Join Gate.io Chat Community:
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- 👩 Gate Post User Experience Survey is Now Live! 💻
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⏰ Event Period: May 8, 8:00 AM – May 18, 6:00 PM (UTC)
Tether posts $1 billion in profits
🤑 Tether released its latest financial report for the first quarter, which analysis reveals an exposure of nearly USD 120 billion in U.S. Treasury bonds and over USD 1 billion in operating profits.
🔥 The report highlights that Tether maintains USD 5.6 billion in excess reserves for its stablecoin USDT, which represents a decrease from the USD 7.1 billion in excess from the last quarter of 2024.
☄️ The largest stablecoin in the market has a market capitalization of USD 149 billion. "The circulating supply of USDT grew by approximately USD 7 billion in the first quarter, with an increase of 46 million in user wallets," the balance states.
🧠 Tether's excess capital continues to support investments with over USD 2 billion allocated to renewable energy, artificial intelligence, peer-to-peer communications, and data infrastructure.
🤑 Tether has released its latest financial report for the first quarter, which shows its exposure in US Treasury bonds is close to USD 120,000,000,000, and its operating profit exceeds USD 1,000,000,000.
🔥 The report emphasizes that Tether maintains $5.6 billion in excess reserves for its stablecoin USDT, which is a decrease from the $7.1 billion in excess reserves in the last quarter of 2024.
☄️ The market's largest stablecoin has a market capitalization of $149 billion. "The circulating supply of USDT increased by about $7 billion in the first quarter, and user wallets grew by 46 million," the report points out.
🧠 Tether's surplus capital continues to be invested, with over $2 billion allocated to renewable energy, artificial intelligence, peer-to-peer communication, and data infrastructure.