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- 🍕 Bitcoin Pizza Day is Almost Here!
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May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
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Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
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- 🎉 Follow to Win! Gate_Activity account is now live!
💰 Follow Gate_Activity and grab your share of $50 Points rewards!
10 Lucky Followers * $5 Points Each
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- 🚀 Gate.io #Launchpad# for Puffverse (PFVS) is Live!
💎 Start with Just 1 $USDT — the More You Commit, The More #PFVS# You Receive!
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⏰ Commitment Time: 03:00 AM, May 13th - 12:00 PM, May 16th (UTC)
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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)
Pareto launches the privately credit-backed synthetic dollar USP
According to Deep Tide TechFlow news on May 15, Cointelegraph reported that the Pareto private credit market platform launched a new synthetic dollar, USP, on May 15, aimed at connecting institutional investors with Decentralized Finance ( DeFi ) opportunities. This synthetic dollar is fully backed by real-world private credit assets, and users can mint it by depositing stablecoins such as USDC or USDT at a ratio of 1:1.
According to Matteo Pandolfi, co-founder of Pareto, the deposited funds will be placed into Pareto's credit vault and lent to vetted institutional borrowers, generating returns for participants. To maintain the peg to the USD, Pareto utilizes a "native support" process and arbitrage mechanisms, and has established a protocol-funded stability reserve as a buffer in case of borrower defaults.