📣 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! �
Libeara Business Development Manager: $170 billion Stable Coin supply may alleviate the impact of the Fed's interest rate cut on government bond Tokens
PANews September 19th news, according to CoinDesk, Alexandre Deschâtres, the head of Libeara’s business development, said that the $170 billion supply of Stable Coin may alleviate the impact of the Federal Reserve’s interest rate cut on government bond Tokens. As the Federal Reserve is expected to start an interest rate cut cycle on Wednesday, the rate cut may suppress the demand for government bond Tokens in on-chain transactions. However, Stable Coin can provide liquidity support for the coin market and government bond Tokens. Currently, the market expects the Federal Reserve to cut interest rates by 100 basis points this year. Nevertheless, the 4.5% interest rate is still attractive compared to holding Stable Coin.