🔥 Gate Square Event: #PostToWinNIGHT 🔥
Post anything related to NIGHT to join!
Market outlook, project thoughts, research takeaways, user experience — all count.
📅 Event Duration: Dec 10 08:00 - Dec 21 16:00 UTC
📌 How to Participate
1️⃣ Post on Gate Square (text, analysis, opinions, or image posts are all valid)
2️⃣ Add the hashtag #PostToWinNIGHT or #发帖赢代币NIGHT
🏆 Rewards (Total: 1,000 NIGHT)
🥇 Top 1: 200 NIGHT
🥈 Top 4: 100 NIGHT each
🥉 Top 10: 40 NIGHT each
📄 Notes
Content must be original (no plagiarism or repetitive spam)
Winners must complete Gate Square identity verification
Gat
PayPal stablecoin's market cap to reach $4 billion, driven by DeFi protocols
According to ChainCatcher, citing a DL News report, the circulating supply of PayPal’s stablecoin PYUSD has surged 224% since September, surpassing $3.8 billion and becoming the sixth largest stablecoin. DeFi protocol Ethena has become the largest holder of PYUSD, holding $1.2 billion through custodian Copper. PayPal, in collaboration with liquidity management firm Sentora, is providing incentives on the decentralized exchange Curve Finance and subsidizing DeFi protocol user yields. Solana lending protocol Kamino currently offers nearly 6% annual yield for lending PYUSD, partially subsidized by PayPal. Over the past three months, the scale of PYUSD on Solana has grown from $250 million to over $1 billion. U.S. Treasury Secretary Scott Besant expects the stablecoin market to reach $3 trillion by 2030.