💥 Gate Square Event: #PostToWinPORTALS# 💥
Post original content on Gate Square related to PORTALS, the Alpha Trading Competition, the Airdrop Campaign, or Launchpool, and get a chance to share 1,300 PORTALS rewards!
📅 Event Period: Sept 18, 2025, 18:00 – Sept 25, 2025, 24:00 (UTC+8)
📌 Related Campaigns:
Alpha Trading Competition: Join for a chance to win rewards
👉 https://www.gate.com/announcements/article/47181
Airdrop Campaign: Claim your PORTALS airdrop
👉 https://www.gate.com/announcements/article/47168
Launchpool: Stake GT to earn PORTALS
👉 https://www.gate.com/announcements/articl
Viewpoint: PayPal and large banks entering the Stablecoin market, challenging the business models of Tether and Circle
Odaily Planet Daily News PitchBook analyst Robert Le pointed out that with PayPal and large banks entering the Stable Coin market, the business models of Tether and Circle are at risk. Although Tether and Circle currently occupy 90% of the Stable Coin market, Le believes that this dominant position will weaken due to increased competition. PayPal's PYUSD has reached a Market Cap of $700 million since its launch in 2023, while traditional Financial Institutions such as American banks are waiting for clear regulatory guidelines to issue Stable Coins. Le predicts that once the Stable Coin legislation is passed, hundreds or even thousands of Stable Coins will emerge in the market, and the market share of Tether and Circle will be squeezed.