📣 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! �
NYDIG: Stablecoins like USDT can only be considered market trading tools, not truly pegged to the US dollar.
Golden Finance reports that Greg Cipolaro, the global research director of NYDIG, stated that USDC, USDT, and other stablecoins like USDe are not truly pegged to the US dollar, but rather fluctuate based on market supply and demand. Essentially, they can only be considered a market trading tool. The so-called “stability” of stablecoins is actually determined by arbitrage and market dynamics. For example, when the price falls below $1, traders buy, and when it rises above $1, traders sell. Users often misunderstand the true risks associated with these assets.