💥 Gate Square Event: #PostToWinCC 💥
Post original content on Gate Square related to Canton Network (CC) or its ongoing campaigns for a chance to share 3,334 CC rewards!
📅 Event Period:
Nov 10, 2025, 10:00 – Nov 17, 2025, 16:00 (UTC)
📌 Related Campaigns:
Launchpool: https://www.gate.com/announcements/article/48098
CandyDrop: https://www.gate.com/announcements/article/48092
Earn: https://www.gate.com/announcements/article/48119
📌 How to Participate:
1️⃣ Post original content about Canton (CC) or its campaigns on Gate Square.
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostTo
Paxos destroyed 300 trillion dollars of stablecoin after a minting error, CEO says transparency is the advantage of Blockchain.
According to Mars Finance, Paxos CEO Charles Cascarilla stated on Wednesday during the Fed's cryptocurrency roundtable that the company accidentally minted a PayPal stablecoin worth 3 trillion USD, (PYUSD), due to an internal technical error, and destroyed it all within 24 minutes. This amount exceeds twice the global GDP. Cascarilla attempted to redefine this incident as a manifestation of blockchain transparency, stating that it actually demonstrates the transparency that Blockchain can provide instantly.