🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
Bank of New York Mellon launches money market fund designed specifically for stablecoin issuers.
[New York Mellon Bank Launches Money Market Fund Designed for Stablecoin Issuers] According to American media reports, New York Mellon Bank is launching a money market fund tailor-made for stablecoin issuers, who need to comply with the recently signed U.S. stablecoin legislation. The bank's BSRXX is one of the first funds specifically designed for stablecoin providers, aiming to provide them with an investment venue where they can deposit the funds received from issuing new tokens, while adhering to the “GENIUS Act,” which was signed into law earlier this year by Trump. The law requires U.S. dollar-backed digital token issuers to invest their reserves in ultra-safe investments with shorter durations than traditional money market funds. Stephanie Pierce, Deputy Head of New York Mellon Investment Company, stated that the new fund is designed to meet the law's requirements by holding only securities with maturities of 93 days or less.