🍀 Gate.io Honor Credits Spring Lucky Draw Round 9️⃣ is Officially Live!
💎 Enter the Draw Now and Seize Your Springtime Luck! 👉 https://www.gate.io/activities/creditprize?now_period=9
To Join:
1️⃣ Open the App 'Home'-'Post', and Tap the Credits Icon Next to Your Profile to Enter the 'Credits Center'.
2️⃣ Complete Tasks like Post, Comment, and Like to Earn Honor Credits.
🎁 Every 300 Credits to Draw 1 Chance, Win a MacBook Air, INTER Water Bottle, Futures Voucher, Points, and More Amazing Prizes!
⏰ Ends on April 5th, 16:00 PM (UTC)
👉 Details: https://www.gate.io/announcements/article/44114
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Golden Finance reported that the monthly stablecoin report from CoinDesk Data shows that in March, the market capitalization of tokenized gold soared to a record 1.4 billion dollars, with volume spiking to an annual high. Among these products, Tether's gold-backed token (XAUT) and Paxos' PAXG dominate, with market capitalizations of 749 million dollars and 653 million dollars, respectively.
The report states that the overall stablecoin market's market capitalization exceeded $231 billion in March, marking 18 consecutive months of growth. USDT rose to a record $144 billion. However, as competition in the stablecoin market intensifies, its market share has fallen to the lowest level since March 2023 (62.1%). The second largest stablecoin, Circle's USDC, grew by 7% in one month, reaching nearly $60 billion.