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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
Brazil's largest bank Itaú Unibanco is considering launching a stablecoin.
According to the Gate.io News bot, CoinDesk reported that Brazil's largest bank, Itaú Unibanco, is evaluating plans to launch its own stablecoin. Guto Antunes, head of digital assets at Itaú, pointed out that the implementation of this plan is related to the progress of U.S. institutions in the field of stablecoins.
Currently, Brazilian regulators are exploring integration plans for stablecoins with the existing financial system through the "Consulta Pública No. 111" public consultation project. At the same time, Brazil has implemented a ban on cryptocurrency investments for large pension funds.