Growth Points Round 1️⃣ 1️⃣ Summer Lucky Grand Draw is on fire!
Draw now for your chance to win an iPhone 16 Pro Max and exclusive merch!
👉 https://www.gate.com/activities/pointprize?now_period=11
🎁 100% win rate! Complete simple tasks like posting, liking, commenting in Gate Post to enter the draw.
iPhone 16 Pro Max 512G, Gate hoodies, Sportswear, popular tokens, Futures Vouchers await you!
Collect just 2 fragments to easily redeem Gate merch—take your rewards home!
Ends on June 4th, 16:00 UTC. Try your luck now!
More info: https://www.gate.com/announcements/article/45185
BlackRock has committed not to develop competitive payment stablecoins in its partnership with Circle.
CoinVoice has learned that, according to the listing report submitted by Circle in early April, a new Memorandum of Understanding (New MOU) signed by Circle and BlackRock in March 2025 stipulates that Circle will prioritize allocating its reserves for the issuance of Circle stablecoins and other products to BlackRock. It commits that, unless otherwise specified by legal, regulatory, or operational requirements, Circle will keep at least 90% of the US-managed USDC fiat reserves (excluding bank deposits) in products managed by BlackRock. Additionally, BlackRock agrees to prioritize and use USDC and all Circle stablecoins in all use cases related to dollar-denominated payment stablecoins and commits not to develop and launch competitive payment stablecoins, provided that Circle continues to fulfill its payment obligations regarding reserve management. The new Memorandum of Understanding is valid for four years.