Gate – DIGIT INFO

Gate Launches USDCx Support As Canton Network Pushes Institutional Stablecoin Expansion

DIGIT — Mon, 25 May 2026 17:06:29 +0000

Gate officially launches USDCx, a native stablecoin of the Canton Network and has opened deposits and withdrawals on its exchange: an important step towards providing institutional-grade infrastructure for stablecoins across interoperable blockchain ecosystems. This launch directly integrates USDCx into Gate’s trading and asset management environment, while creating novel liquidity paths between the Canton Network and the global crypto markets. Gate is concurrently launching numerous ecosystem incentive programs with total reward pools of around $150,000 in Canton ecosystem token rewards. According to the announcement, each USDCx is 1:1 backed by reserves of USDC in a way facilitated via Circle’s xReserve smart-contract

The post Gate Launches USDCx Support As Canton Network Pushes Institutional Stablecoin Expansion appeared first on The Merkle News.

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Why is Bitcoin stagnated despite $2B in spot ETF inflows?

DIGIT — Fri, 31 May 2024 18:31:28 +0000

Reasons for BTC’s weakness include Mt. Gox coin movements, regulatory actions, and the U.S. Senate’s anti-crypto lobby.

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Gate.io to enter Hong Kong following city’s $6.4M budget allocation to Web3

DIGIT — Thu, 23 Feb 2023 00:38:27 +0000

Gate’s founder called Hong Kong a “hub,” meanwhile, the city’s financial secretary said the region “must keep up” with the “huge potential” of Web3.

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Our Man in Shanghai: Filecoin the talk of the town, Polkadot and NFTs gain attention

DIGIT — Fri, 02 Apr 2021 00:34:40 +0000

Retail investors are flocking to buy Filecoin on exchanges with predominately Chinese user bases and the head of the PBOC thinks the digital yuan has an uphill battle to take on Alipay and WeChat Pay.

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