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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
The Plasma project is scheduled to launch its Mainnet at the end of summer.
On June 20, Decrypt reported that Plasma is preparing to launch its Mainnet in "late summer", which is a blockchain specifically optimized for stablecoins. Plasma founder and CEO Paul Faecks stated that the blockchain will support "the largest scale of stablecoins" at the time of launch, based on its internal data. Faecks added, "We are building a blockchain to be the best product for moving stablecoins from point A to point B. Everything around it must serve this goal; otherwise, it is not worth doing for us."