💥 Gate Square Event: #PostToWinPORTALS# 💥
Post original content on Gate Square related to PORTALS, the Alpha Trading Competition, the Airdrop Campaign, or Launchpool, and get a chance to share 1,300 PORTALS rewards!
📅 Event Period: Sept 18, 2025, 18:00 – Sept 25, 2025, 24:00 (UTC+8)
📌 Related Campaigns:
Alpha Trading Competition: Join for a chance to win rewards
👉 https://www.gate.com/announcements/article/47181
Airdrop Campaign: Claim your PORTALS airdrop
👉 https://www.gate.com/announcements/article/47168
Launchpool: Stake GT to earn PORTALS
👉 https://www.gate.com/announcements/articl
Analysis: After the passage of the GENIUS Act, the supply of interest-bearing stablecoins has significantly risen.
Odaily News Since the signing of the GENIUS stablecoin bill in the United States on July 18, the supply of interest-bearing stablecoins has surged, with Ethena USDe (USDe) and Sky's USDS (USDS) benefiting the most. Data shows that the circulating supply of USDe has increased by 70%, reaching $9.49 billion, elevating its market capitalization ranking to third place. During the same period, the circulating supply of USDS has grown by 23%, nearing $4.81 billion, with a market capitalization ranking of fourth. Julio Moreno, head of research at CryptoQuant, stated that due to the GENIUS bill prohibiting issuers from directly providing yields to holders, investors are turning to stablecoins that offer yields through staking within the protocol. Currently, the Annual Percentage Rate (APY) for staking USDe (sUSDe) is 10.86%, while the APY for staking USDS (sUSDS) is 4.75%. (Cointelegraph)