🎉 #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 Bank of America is researching stablecoins to help transfer trillions of customer transactions.
Gate news bot news, Bank of America (BoA) is exploring stablecoins to leverage blockchain technology to improve its payment infrastructure. In the Q2 earnings call, CEO Brian Moynihan stated that the bank is focused on using stablecoins as a means of transaction, aiming to transfer trillions of dollars in customer assets daily. Bank of America has considered collaborating with other major banks such as JPMorgan Chase and Citigroup to jointly issue stablecoins, and proceed under supportive regulatory conditions.
Bank of America's second-quarter net profit rose 3% to $7.12 billion and revenue rose 4% to $26.61 billion. The stablecoin market is growing rapidly and is expected to surpass Visa and Mastercard in trading volume by 2024. THE GENIUS BILL ON STABLECOINS HAS GAINED SUPPORT BUT FACES RESISTANCE IN THE HOUSE OF REPRESENTATIVES.