🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
The US stablecoin giant applies to establish a national trust bank.
According to Gate News bot, CNBC reported that the well-known stablecoin issuer Circle is applying to establish a national trust bank in the United States. This move is an important strategic deployment for the company following its recent IPO, which achieved a valuation of approximately $18 billion.
If approved by the Office of the Comptroller of the Currency (OCC), Circle will be able to act as a custodian for its own reserves and hold crypto assets for institutional clients. However, unlike traditional banks, this license does not include the authority to accept cash deposits or issue loans. Currently, only the cryptocurrency platform Anchorage Digital holds a national trust bank charter.
Industry experts point out that if the relevant legislation is passed and comes into effect, it may encourage more traditional financial institutions and retailers to incorporate stablecoins into their business activities.